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Property profile & analytics
OFF-MARKET
Office buildings

511 Main St Mountain Home, AR 72653-3841

3,600 SF 0.08 ac lot Built 1940
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US05-1587424
Property summary
AI-generated overview

This 3,600 square foot commercial building, located at 511 S Main St in Mountain Home, Arkansas (72653), presents a unique redevelopment opportunity. Situated in the vibrant Baker Street Entertainment District, this property boasts high visibility on Main Street, with over 16,000 daily traffic counts. Built in 1940, the rectangular building (25' x 120' with a 25' x 24' second floor) offers a blank canvas for creative vision. The building features front windows, a slab floor, and a commercial-grade roof in seemingly good condition. While currently a cold dark shell interior with no existing infrastructure, its location and potential are undeniable. The property includes two designated parking spaces in a nearby city lot. Zoned C-1, this property is ideal for retail, professional office, or entertainment uses. Its convenient location offers easy walkability to the town square and ample parking on adjacent streets. The 0.08-acre lot provides a solid foundation for a variety of ventures. Available for occupancy February 22, 2024. Asking price is $289,000 ($80.28/sq ft). 24-hour notice required for showings; keybox on site.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 3,600 SF
Lot 0.08 ac (3,485 SF)
APN 007-02922-000
UPID US05-1587424
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
Current use
Occupant on record · Public records
  • Carney Law Firm Law Firm
  • Carney Leo J Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Joshua Thompson · 1 yrs held
Joshua Thompson
since 2025
Last sale
$100,000
2 recorded transactions
2025
Price N/A
2022
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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