612 Ft St Barling, AR 72923-2153
- Grocery and convenience stores
- 2,384 SF
- 0.55 lot acres
Current Use by Public Records
- Shamrock / Gas Station
- Byte Federal Bitcoin ATM (Hurt's Bait Shop) / Atm
Property Details for 612 Ft St
- Year built
- 1966
- Lot size
- 0.55 lot acres
- Property size
- 2,384 SF
- Property type
- Grocery and convenience stores
- APN
- 62060-0100-00000-01
- APU
- 6206001000000001
Description
This exceptional mixed-use property, located at 612 Fort Street in Barling, Arkansas, presents a compelling investment opportunity. The 2,384 square foot building currently operates as a convenience store and gas station, offering immediate income potential. However, its versatile design and existing infrastructure make it easily adaptable to a variety of uses. The asking price is $315,000, translating to a price per square foot of $132.13. The property's adaptability extends to restaurant use, thanks to a pre-installed small vent hood. Alternatively, it could be successfully repurposed as retail space or office space, catering to a diverse range of business needs. Situated in Sebastian County, Arkansas, with a zip code of 72923, this property benefits from a convenient location and high visibility. The property is also available for lease at $1,600 per month, providing additional income streams and flexibility for potential investors. This turnkey operation offers a rare blend of immediate income and significant long-term growth potential. The single building sits on a well-maintained lot, ready for immediate occupancy. Don't miss this chance to acquire a valuable asset in a thriving Arkansas market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $225,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $190,000
- Mixed-Use
- $230,000
- Hospitality
- $195,000
- Educational
- $200,000
- Residential Income
- $230,000
- Energy
- $215,000
- Income-Based Land
- $215,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Barling
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.303
- Latitude
- 35.3268
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA