Property profile

306 College St Ozark, AR 72949

OFF-MARKET
Turn key restaurants
Property ID
US05-1295526
2,220 SF 0.06 ac lot Built 1950
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 79,900 USD retail property, situated at 306 W College Street in Ozark, Arkansas, presents a unique investment opportunity. Located on a 0.06-acre lot, this building is currently configured as a rental shop, offering immediate income potential. Its prime downtown Ozark location, just one block from the Courthouse, ensures high visibility and accessibility. The property's adaptable layout makes it ideal for conversion into office space, catering to a variety of professional needs. The central location within the vibrant downtown area provides easy access to local amenities, businesses, and a strong customer base. This presents a chance to acquire a versatile commercial property in a thriving Arkansas community. The building's current use as a rental shop demonstrates its proven ability to generate income, while its proximity to the Courthouse suggests strong potential for office conversions. This property is an excellent choice for investors seeking a blend of immediate return and long-term growth potential in a desirable location. The compact 0.06-acre lot offers manageable maintenance while still providing ample space for the building. Serious inquiries are encouraged to explore this promising investment opportunity further.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 2,220 SF
Lot 0.06 ac (2,788 SF)
APN 009-00918-000
UPID US05-1295526

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

306 College St Ozark, AR 72949-2744
Ozark metro Census 950202 FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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