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Property profile & analytics
FOR SALE
Retail space

605 NW 1St Ave Gravette, AR 72736

1,264 SF 0.17 ac lot
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US05-0435475
Property summary
AI-generated overview

This 1,264 square foot building, situated on a 0.17-acre lot at 605 1st Avenue in Gravette, Arkansas, presents a unique investment opportunity. Boasting over 80 feet of road frontage on Highway 59, this property benefits from high visibility and an estimated daily traffic count exceeding 6,100 vehicles. The building is industrially zoned, allowing for a variety of uses including storage, assembly, and manufacturing. Currently operating as a hair salon, the property's adaptability extends to office, retail, or professional services. Its location offers easy access to downtown Gravette, a rapidly growing community with a 6.84% population increase since 2020. The building features a brand new radiant heating system and electric HVAC, installed in 2025, ensuring efficient and comfortable climate control. This combination of prime location, versatile zoning, modern amenities, and high traffic volume makes this property an attractive prospect for a wide range of businesses seeking a foothold in a thriving Arkansas community. The asking price is $170,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 1,264 SF
Lot 0.17 ac (7,405 SF)
APN 11-00019-000
UPID US05-0435475
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
  • The Meatin' Place Restaurant
  • Hillcrest Cemetery Cemetery
  • Permanent Cosmetic’s by Alicia polk Medical Clinic Skin Care Clinic
  • Savy Skin Hair Salon Nail Salon
  • ATM Machine at Blended Ends Salon Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hillarie A Dodd · 7 yrs held
Hillarie A Dodd
since 2019
7 recorded transactions
2019
Price N/A
2017
$48,000
2016
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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