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Property profile & analytics

7070 Highway 62 Gassville, AR 72635

  • Retail space
  • 2,880 SF
  • 0.84 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US05-1663542
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 7070 Highway 62

Lot size
0.84 lot acres
Property size
2,880 SF
Property type
Retail space
APN
005-02771-032
APU
502771032

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Gassville
County
Baxter
State
Arkansas
Longitude
-92.4746
Latitude
36.2892
CBSA code
34260
CBSA name
MOUNTAIN HOME, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,160
$12,080
$34,820
$46,900
-
$60,400
$174,100
$234,500
More about this property
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