1160 Constitution AveAshdown, AR 71822

For Sale
$475,000 View listing
  • Drive through restaurants
  • 2,216 SF

Property Details for 1160 Constitution Ave

Year built
1979
Lot size
0.55 AC
Property size (Sq ft)
2,216 SF
Property type
Drive through restaurants
APN
070-02949-000
APU
7002949000

Description

This exceptional turnkey business opportunity presents a thriving Subway restaurant for sale in Ashdown, Arkansas. Located at 1160 S Constitution Ave, this property boasts a highly visible location on Highway 71, ensuring significant foot and vehicle traffic. The building itself comprises 2,216 square feet situated on a sizable 0.55-acre lot, offering ample space for operations and potential expansion. The sale includes the building, all existing equipment, and the established Subway franchise, providing a seamless transition for the new owner. This is a truly remarkable opportunity to acquire a well-established business with a proven track record. The property benefits from its proximity to several key businesses, including Pizza Hut, Auto Zone, Tractor Supply, Sonic, Dollar Tree, Ashdown Eye Care, and Farmer's Bank and Trust, creating a synergistic retail environment and attracting a consistent customer base. The asking price for this complete package is $475,000. The property is currently vacant, allowing for immediate occupancy and the implementation of the new owner's vision. This is a rare chance to own a successful, established business in a desirable location. Don't miss this chance to acquire a profitable and well-positioned Subway franchise.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $717,392
    6.5%
    $662,208
    7%
    $614,908
  • Comparable approach

    Method
    Valuation
    Relative Method
    $816,771
    Geo Method
    $399,446
  • Alternative Use

    Use
    Valuation
    Residential
    $558,598
    Hospitality
    $511,672
    Educational
    $425,705
    Medical
    $440,346
    Retail
    $662,208
1160 Constitution Ave, Ashdown, Arkansas

Location Insight

City
Ashdown
County
Little River
State
Arkansas
Latitude
33.6602
Longitude
-94.1172
CBSA code
45500
CBSA name
TEXARKANA, TX-TEXARKANA, AR METROPOLITAN 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
$1,776
$6,470
$35,910
$42,380
-
$32,350
$179,550
$211,900

FAQs

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