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Property profile & analytics
FOR SALE
Turn key restaurants

215 Westfork St Alma, AR 72921

4,432 SF 0.17 ac lot Built 2009
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-1044131
Property summary
AI-generated overview

This exceptional commercial property at 215 Westfork Street in Alma, Arkansas, presents a unique opportunity for a variety of businesses. Boasting a highly visible location directly off I-40, this former restaurant benefits from significant traffic flow, including proximity to Walmart and Alma schools. The building sits on a 0.52-acre lot and features a spacious open floor plan ideal for both restaurant and retail operations. The interior includes a large dining area with seating for over 150 patrons, a fully equipped kitchen with walk-in cooler, and multiple vent-a-hoods (10', 8', and 4'). Additional features include a convenient office, double-vestibule covered porch entries, a main dining area with elevated ceilings, three-phase electric service, and two 25-ton Pack units for climate control. The property also benefits from an elastomeric roof coating, ample lighting, ceiling fans, and double insulation, ensuring both energy efficiency and comfort. The current health department permit is in place. Tables and chairs are included in the sale. This versatile space offers immense potential for a savvy investor or business owner seeking a high-visibility location with established infrastructure. The asking price is $475,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 4,432 SF
Lot 0.17 ac (7,405 SF)
APN 710-01311-003
UPID US05-1044131
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k
Owner & transaction history
Bank Ozk · 4 yrs held
Bank Ozk
since 2021
3 recorded transactions
2021
$205,500
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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