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Property profile & analytics

852 Hwy 62nd W, Unit 412 Salem, AR 72576-9716

  • Turn key restaurants
  • 2,828 SF
  • 1.21 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US05-0976457
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

  • Turn key restaurants

Property Details for 852 Hwy 62nd W

Year built
1985
Lot size
1.21 lot acres
Property size
2,828 SF
Property type
Turn key restaurants
APN
900-27746-000
APU
90027746000

Description

This exceptional restaurant opportunity is located at 852 Hwy 62 W in Salem, Arkansas. Priced at $189,000, this turnkey operation boasts 2,828 square feet situated on a 1.21-acre lot, providing ample parking. The property features a large main dining area, a separate private dining area ideal for meetings, and a spacious kitchen and prep area fully equipped with all necessary appliances including fryers, refrigerators, grills, a broiler, an ice machine, and a buffet table. All existing furniture, fixtures, and equipment—tables, chairs, cash register, dishes, pots, pans, and more—are included, allowing for immediate operation. A small living area is located in the partial basement. This established restaurant benefits from a high-traffic location on a major US highway, offering excellent visibility and accessibility. The property's proximity to Lake Norfork further enhances its appeal. This is a rare opportunity to acquire a well-equipped, established restaurant in a desirable location. The substantial square footage and ample parking make this a truly remarkable investment.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Salem
County
Fulton
State
Arkansas
Longitude
-91.8412
Latitude
36.3758

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
$1,185
$13,180
$14,710
$27,890
-
$65,900
$73,550
$139,450
More about this property
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