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    OFF-MARKET
    Grocery and convenience stores

    360 Main St, Piggott, AR 72454-2819

    2,860 SF 0.41 ac lot Built 1995
    Entity Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0699603
    Property summary
    AI-generated overview

    This exceptional 0.41-acre commercial property, located at 360 E Main Street in Piggott, Arkansas, presents a unique investment opportunity. Situated near the high-traffic intersection of Highways 62 and 49, this 2,604 square foot lot boasts a prime location for a variety of commercial ventures. The property's previous use as a convenience store with an integrated restaurant suggests strong potential for similar businesses or adaptive reuse. The address is 360 E Main Street, Piggott, AR 72454-2819, within Clay County. Its strategic location offers excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The asking price for this remarkable property is $250,000. The property's size and location make it a compelling investment opportunity for entrepreneurs and developers alike. This is a chance to acquire a well-positioned commercial lot in a thriving Arkansas community. The property is zoned for commercial use and is ready for immediate development or redevelopment. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1995
    Total area 2,860 SF
    Lot 0.41 ac (17,860 SF)
    APN 761-01189-000C
    UPID US05-0699603
    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
    Dmc & Jrm 3 LLC · 14 yrs held
    Dmc & Jrm 3 LLC
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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