308 2nd SE Ave, Gravette, AR 72736-9465
This exceptional commercial property, located at 308 SW 2nd Avenue in Gravette, Arkansas, presents a lucrative investment opportunity. The 2,511 square foot car wash boasts four updated manual washing bays, catering to a wide range of vehicles. A significant advantage is the inclusion of one updated bay specifically designed for large equipment and big rigs, expanding the potential customer base and revenue streams. Further enhancing its appeal is a brand-new automatic washing bay, providing modern convenience and efficiency. The property sits on a 0.37-acre lot and enjoys excellent visibility with 150 feet of frontage on 2nd Street, placing it directly within Gravette's bustling business district and conveniently situated at a major four-way intersection. This high-traffic location ensures consistent customer flow. The property's infrastructure is already plumbed for the addition of a laundromat, offering significant potential for expansion and diversification of income streams. The asking price for this turnkey operation is $550,000. This presents a rare opportunity to acquire a well-established, profitable business with significant growth potential in a thriving Arkansas community. The existing infrastructure and prime location make this a truly exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.