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    FOR SALE
    Retail space

    7070 Highway 62 WEST, Gassville, AR 72635

    2,880 SF 0.84 ac lot
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-1663542
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 2,880 SF
    Lot 0.84 ac (36,590 SF)
    APN 005-02771-032
    UPID US05-1663542
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Nick Goodrich · 20 yrs held
    Nick Goodrich
    since 2006
    2 recorded transactions
    2026
    2006
    $245,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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