Property profile

406 Trimble Ave Berryville, AR 72616

OFF-MARKET
Retail space
Property ID
US05-0684282
3,600 SF 0.34 ac lot Built 1960
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents a well-established home appliance retail and repair business in Berryville, Arkansas. Boasting 3,600 square feet of space on a 0.34-acre lot, this turnkey operation enjoys a prime location in a high-traffic area of Northwest Arkansas, nestled within the scenic Ozark Mountains. The business benefits from a stellar reputation built on quality products and superior customer service, carrying exclusive brands to cater to a diverse clientele and price points. A significant advantage is the existing contracts with major original equipment manufacturers (OEMs) for warranty work, ensuring a consistent stream of income with daily service requests. This translates to a robust, year-round revenue stream supplemented by a loyal customer base. The business currently services a five-county area across two states, offering substantial potential for future expansion and growth. The property itself includes a warehouse/office space, featuring a recently updated roof and a new loading dock. All assets and inventory are included in the sale. The convenient location, only 60 miles from a major airport, facilitates ease of travel for owners. The current owner is willing to assist the buyer in establishing vendor accounts for existing brands, ensuring a seamless transition and maintaining the business's competitive edge within the community. This is a rare opportunity to acquire a profitable, established business with significant growth potential. The asking price is $1,300,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 3,600 SF
Lot 0.34 ac (14,985 SF)
APN 875-01382-000
UPID US05-0684282

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

406 Trimble Ave Berryville, AR 72616-3115
Berryville metro Census 950301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2021
7 recorded transactions
2024
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2008
Price N/A
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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