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    OFF-MARKET
    Turn key restaurants

    2648 Hwy 278th W, Wilmar, AR 71675-8043

    1,456 SF 0.23 ac lot Built 1980
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US05-0908923
    Property summary
    AI-generated overview

    This unique investment opportunity in Wilmar, Arkansas, presents a 1,456 square foot mixed-use property located at 2648 Highway 278, zip code 71675, Drew County. Previously utilized as a restaurant, this versatile space offers significant potential for a variety of commercial ventures. Its prime location boasts excellent road frontage, ensuring high visibility and accessibility. The asking price is $70,000. Included in the sale is a partially remodeled mobile home, presenting immediate rental income potential. The mobile home's unfinished renovations offer further value-add opportunities, with the potential for increased resale value upon completion. This property is classified as manufacturing and other mixed-use, offering a blend of commercial and residential possibilities. The property's latitude and longitude coordinates are 33.6288694 and -91.935902 respectively. This presents a rare chance to acquire a property with both immediate income potential and long-term growth prospects in a desirable Arkansas location. The property is zoned for mixed-use and offers a unique opportunity for an investor seeking a blend of commercial and residential income streams. The existing structure provides a solid foundation for a variety of business ventures, while the mobile home offers additional income potential and a chance to increase property value through further renovations.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1980
    Total area 1,456 SF
    Lot 0.23 ac (10,019 SF)
    APN 704-00095-000-C
    UPID US05-0908923
    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
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    Blend (final) Blend
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    Owner & transaction history
    TINAJERO SILVINO
    TINAJERO SILVINO
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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