3224 Mcray Ave Springdale, AR 72762-3888
Property profile & analytics
3224 Mcray Ave Springdale, AR 72762-3888
- Auto shops
- 2,400 SF
- 1.00 lot acres
Property ID
US05-0285909
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Finishing Touch Auto Body / Auto Repair Shop
Property Details for 3224 Mcray Ave
- Year built
- 1974
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.00 lot acres
- Property size
- 2,400 SF
- Property type
- Auto shops
- APN
- 815-29876-010
- APU
- 81529876010
Description
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.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1658
- Latitude
- 36.1825
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,587
$24,000
$63,710
$87,710
-
$120,000
$318,550
$438,550
