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    FOR SALE
    Turn key restaurants

    3101 Market St, Pine Bluff, AR 71601

    1,851 SF 0.87 ac lot Built 2006
    Entity Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0900224
    Property summary
    AI-generated overview

    This 2,100 square foot vacant restaurant property in Pine Bluff, Arkansas, presents a remarkable investment opportunity. Located at 3101 Market Street, 71601, this property boasts a highly desirable location near the new Saracen Casino Resort, Pines Mall, hotels, offices, residential areas, and public schools. Its strategic position on a corner lot at the signalized intersection of Martha Mitchell Freeway (US Hwy 65B) and Market Street, ensures high visibility and accessibility. The property is zoned B-3 - Highway Commercial, offering flexibility for various uses including restaurants, entertainment venues, quick-service restaurants (QSRs), medical facilities, retail spaces, or offices. The sale includes existing fixtures, fittings, and equipment (FF&E), which comprises a walk-in refrigerator/freezer and a dining package suitable for 60 people. This turnkey opportunity is priced at $449,000, with a price per square foot of $213.81. The property's prime location and versatile zoning make it an ideal investment for entrepreneurs seeking a thriving business environment in a rapidly developing area. Don't miss this chance to own a piece of Pine Bluff's vibrant commercial landscape.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2006
    Total area 1,851 SF
    Lot 0.87 ac (37,854 SF)
    APN 930-52677-000
    UPID US05-0900224
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    D & A Rentals LLC · 20 yrs held
    D & A Rentals LLC
    since 2006
    1 recorded transaction
    2006
    $108,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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