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Property profile & analytics
FOR SALE
Retail space

401 W Michigan St Stuttgart, AR 72160

6,000 SF 0.54 ac lot
Individually Owned 8-yr Hold Free & Clear
Property ID
US05-1617371
Property summary
AI-generated overview

This exceptional 6,000 square foot storefront, located at 401 W Michigan St in Stuttgart, Arkansas, presents a unique investment opportunity. Built in 2014, this single-story building sits on a 0.54-acre lot and is zoned B-2. The asking price is $400,000, translating to a price per square foot of $66.67. The property boasts excellent frontage and high visibility on W Michigan Street, which sees 5,800 vehicles per day. Convenient access to Highway 165 (11,000 VPD) ensures high traffic flow. Ample parking is available for customers and employees. The open box layout is ideal for a single user. The property's previous tenant was Aaron's, and there's potential for expansion to the rear if needed. This location offers a strong combination of visibility, accessibility, and ample space, making it an attractive proposition for a variety of retail businesses. The property's 2014 construction ensures modern amenities and efficient operation. This is a rare opportunity to acquire a well-situated retail space in a thriving Arkansas community. The zip code is 72160.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,000 SF
Lot 0.54 ac (23,522 SF)
APN 074-01348-001
UPID US05-1617371
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
Peter W Berger · 8 yrs held
Peter W Berger
since 2018
1 recorded transaction
2018
$830,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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