2963 Hwy 65 Eudora, AR 71640-2656
- Outlet malls
- 8,800 SF
- 0.96 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 2963 Hwy 65
- Lot size
- 0.96 lot acres
- Property size
- 8,800 SF
- Property type
- Outlet malls
- APN
- 040-01681-000C
- APU
- 04001681000C
Description
This 8,800-square-foot retail building, situated on a 0.96-acre lot at 2963 S Highway 65 in Eudora, Arkansas, presents a compelling owner-user opportunity. Built in 2000, this vacant storefront offers excellent visibility directly off U.S. Highway 65, a major thoroughfare with over 4,600 vehicles passing daily. The property's single-tenant configuration provides flexibility for a variety of retail uses. The building's location is advantageous, less than a mile from Eudora City Park and Legacy Campground, ensuring high foot traffic and visibility. Nearby businesses include Dollar General, Farm Bureau Insurance, the U.S. Post Office, Carquest Auto Parts, Double Quick, and Southern Bancorp, creating a strong commercial environment. The asking price is $299,000, and the property is offered as a Net Net Net (NNN) lease. While currently vacant, the potential rental income is estimated at $5 to $6 per square foot, representing a strong return on investment. This property is ideal for an owner-occupier seeking a high-traffic location with significant growth potential in a well-established commercial area. The property is zoned for retail use and offers ample parking. The building is in good condition and ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $220,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $205,000
- Mixed-Use
- $265,000
- Hospitality
- $215,000
- Educational
- $265,000
- Residential Income
- $270,000
- Energy
- $250,000
- Income-Based Land
- $250,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Eudora
- County
- Chicot
- State
- Arkansas
- Longitude
- -91.2578
- Latitude
- 33.1116