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Property profile & analytics
OFF-MARKET
Drive through restaurants

270 Main St Highland, AR 72542

3,080 SF 1.04 ac lot
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-1010959
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Total area 3,080 SF
Lot 1.04 ac (45,259 SF)
APN 760-05991-010
UPID US05-1010959
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Robert L Warner JR · 18 yrs held
Robert L Warner JR
since 2007
3 recorded transactions
2021
Price N/A
2018
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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