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    223 Main St Mountain View, AR 72560-6465
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    Property profile & analytics

    223 Main St Mountain View, AR 72560-6465


    • Retail space
    • 4,224 SF
    • 0.22 lot acres
    Off-Market
    Last Sale May 26, 2020
    $246,000
    Property ID
    US05-0639323
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail space

    Property Details for 223 Main St

    Year built
    1955
    Lot size
    0.22 lot acres
    Property size
    4,224 SF
    Property type
    Retail space
    APN
    720-00015-000C
    APU
    72000015000C

    Description

    This exceptional retail investment opportunity presents a fully occupied, 4,224 square foot storefront located at 223 W Main St, Mountain View, AR 72560. The property, built in 1955 and renovated in 2020, boasts a 100% occupancy rate with two units, generating a substantial net operating income (NOI) of $66,360 and an attractive 11.64% cap rate. The asking price is $569,900, translating to $134.92 per square foot. The property sits on a 0.22-acre lot and is zoned for commercial use. Included is a one-bedroom, one-bathroom efficiency apartment, currently generating rental income and offering additional revenue streams. The property also includes a fully operational flea market setup with a waiting list of potential vendors. Conveniently located on the Courthouse Square, this property benefits from high foot traffic and proximity to shopping and the Pickin' Park. Private parking is available at the rear, supplemented by nearby public parking. This turnkey operation offers multiple income streams and significant potential for future growth. The current lease terms are expiring, providing the new owner with flexibility and control. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a desirable location.


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    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Stone
    State
    Arkansas
    Longitude
    -92.1197
    Latitude
    35.8688

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,249
    $6,710
    $26,140
    $32,850
    -
    $33,550
    $130,700
    $164,250
    More about this property
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