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    OFF-MARKET
    Auto shops

    3224 Mcray Ave, Springdale, AR 72762-3888

    2,400 SF 1 ac lot Built 1974
    Individually Owned 1-yr Hold Absentee Owner
    Property ID
    US05-0285909
    Property summary
    AI-generated overview

    This exceptional Springdale investment opportunity encompasses a thriving auto body business and a separate residential rental property on a single lot. The 3,685 square foot commercial building houses an established auto body shop, complete with a paint bay, body shop area, and multiple garage bays. Currently leased for $3,000 per month on a three-year lease, this provides immediate and consistent income. The property also includes a 1,999 square foot residential home, separately leased for $2,000 per month on a two-year lease. This dual-income stream offers significant potential for return on investment. The property is located at 3224 McRay Avenue in Springdale, Arkansas. The zoning is A1-2F2, with a non-conforming use designation per the City of Springdale. It's important to note that the residential property is for residential use only and cannot be used for business purposes. Furthermore, the existing auto body shop must remain in operation as per the zoning regulations. This turnkey investment presents a rare chance to acquire a profitable, established business with a supplemental residential income stream. The property's current lease agreements ensure a steady cash flow, making it an attractive option for investors seeking a stable and high-yielding asset. Serious inquiries are encouraged to explore this unique opportunity further.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1974
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,400 SF
    Lot 1 ac (43,560 SF)
    APN 815-29876-010
    UPID US05-0285909
    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
    Current use
    Occupant on record · Public records
    • Finishing Touch Auto Body Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hector Orellana · 1 yrs held
    Hector Orellana
    since 2024
    Last sale
    $440,000
    3 recorded transactions
    2025
    2024
    $5,859
    2021
    $440,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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