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Financial
Distress signals
Property profile

605 NW 1St Ave Gravette, AR 72736

FOR SALE
Retail space
Property ID
US05-0435475
1,264 SF 0.17 ac lot
Last sale Jul 2017 · $48,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,264-square-foot commercial property is located on Highway 59 in Gravette. The building has historically been used as a beauty salon and tattoo parlor and is configured with interior spaces suitable for retail, office, or boutique use, with potential for other small commercial concepts such as a mini flea market. It is situated on a high-traffic corridor, providing street-facing visibility. Some salon equipment may be present as part of the existing build-out.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$670
Tax billed · 2023
Assessed value$14k
Assessed land$4k
Assessed improvement$10k
Effective rate4.91%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$305k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 6.12% cap applied$14k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$108/SF
County average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$59 – $192

Cap rate analysis

How does the asset earn?
6.12%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.9
Dental Office10.3
Realty agency10.0

Location

605 NW 1St Ave Gravette, AR 72736
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13537 Ar 279th, Gravette, AR 72736 $27,500 May 2024 704 SF
406 Main NE, Gravette, AR 72736-8999 $150,000 Dec 2023 1,980 SF
115 Main SE, Gravette, AR 72736-8753 $275,000 Aug 2022 1,966 SF
123 Main SE, Gravette, AR 72736-8753 $160,000 Apr 2022 1,500 SF
204 1st NE, Gravette, AR 72736-8028 $100,000 Aug 2021 1,669 SF
104 Akron NE, Gravette, AR 72736-7006 $60,000 Jul 2019 2,112 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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