Property summary
This exceptional Gassville, AR property offers a unique blend of residential and commercial opportunities. Situated on a 2.64-acre lot with 20+ paved parking spaces, the property boasts high visibility on US Hwy 62/412, a corridor with over 14,000 cars daily. The commercial building, measuring 80x36 feet, includes three offices, two restrooms, a storefront, a service bay with a roll-up door, and a four-space billboard generating rental income. The attached residential component features a spacious 1550+ square foot home with three bedrooms and 1.5 bathrooms. The home includes a fenced yard, a 23x37 detached garage/shop with electricity and workbenches, and a fireplace in the living room. The kitchen and dining area are open concept with ample cabinetry and a breakfast bar. The primary bedroom offers a half-bath. A sunroom leads to a covered patio. Approximately one acre of the fenced yard is cleared. City sewer is available, and a private well is in place, with city water also an option. The property's location offers convenient access to the White River, shopping, restaurants, businesses, medical facilities, and a hospital. This versatile property presents numerous income streams and lifestyle options, from operating a business from home to renting out the commercial building or both the home and the commercial space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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