Property profile

68 N Main St Farmington, AR 72730

FOR LEASE
Turn key restaurants
Property ID
US05-1779287
10,017 SF 2.15 ac lot Built 2019
Entity Owned 12-yr Hold Absentee Owner
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Property summary

AI-generated overview

A 1,014-square-foot retail suite located in Farmington Village, a shopping center on Main Street in the center of town with European-style, storybook architecture. The suite provides frontage on Main Street and backs to Creekside Park. The center includes approximately 57 parking spaces with surface lot parking. Signage is permitted. The property is situated within walking distance of Farmington schools (approximately 2,900 students) and is about 0.3 miles from Walmart Neighborhood Market. The location is approximately 5 miles from the University of Arkansas, about 7 minutes from I-49, and about 10 minutes from downtown Fayetteville.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2019
Total area 10,017 SF
Lot 2.15 ac (93,654 SF)
APN 760-01383-000
UPID US05-1779287

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Physician
  • Physician
  • Physician
  • Law Firm

Location

68 N Main St Farmington, AR 72730
Farmington metro Census 10520 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2014
4 recorded transactions
2020
Price N/A
2019
Price N/A
2017
Price N/A
2014
$425,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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