Property profile

422 Main St Salem, AR 72576

OFF-MARKET
Auto shops
Property ID
US05-0621950
2,960 SF 0.96 ac lot Built 1961
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving, turn-key automotive collision repair shop located at 422 S Main in Salem, Arkansas. Boasting 2,920 square feet of space on a commercial lot, this established business comes complete with a loyal customer base cultivated over 37 years of proven success. The sale includes a comprehensive suite of high-quality equipment, ensuring a seamless transition for the new owner. Key assets include a customized downdraft paint filtration system, an extra-large Car-Clamp 360 frame rack, an extensive collection of body clamps and specialty tools, a Snap-On A/C recovery machine, and a PPG Deltron paint mixing system. Recent upgrades further enhance the property's value, with the roof, heat pump, and paint all less than a year old. This is a rare chance to acquire a well-established, profitable business with a strong reputation and all the necessary equipment for immediate operation. The asking price for this turnkey operation is $399,000. The property is situated in Fulton County, Arkansas, with the precise location being 36.3642973 latitude and -91.8280049 longitude, and a zip code of 72576. This presents a unique opportunity for an experienced entrepreneur to step into a ready-made success story. The sale includes all the equipment listed, allowing for immediate commencement of operations. This is a rare opportunity to acquire a profitable business with a strong foundation and a loyal customer base.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Total area 2,960 SF
Lot 0.96 ac (41,818 SF)
APN 900-27813-000
UPID US05-0621950

Cap rate & NOI

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

Location

422 Main St Salem, AR 72576-9420
Salem metro Census 550201
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
$305k

Owner & transaction history

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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