270 Main St Highland, AR 72542
This exceptional 3,080 square foot retail building, situated on a 1.04-acre lot in Hardy, Arkansas, presents a compelling investment opportunity. Built in 2007, the single-story structure boasts a prime location at the signalized intersection of Highways 412 and 63, ensuring high visibility and substantial traffic flow. The property's strategic placement within a thriving restaurant and retail corridor, alongside established businesses such as McDonald's, Sonic, and Taco Bell, guarantees excellent exposure and potential for immediate success. Previously utilized as a fast-food restaurant, this versatile space is ideally suited for a variety of QSR, convenience store, or other retail uses. The building's condition is further enhanced by a roof replacement completed in 2014, minimizing future maintenance concerns. The asking price is $295,000, translating to a price per square foot of $95.78. This turnkey property offers immediate occupancy and significant potential for return on investment. The address is 270 W Main St, Hardy, AR 72542, in Sharp County. This is a rare opportunity to acquire a well-located, established commercial property in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.