170 Highway 167Bald Knob, AR 72010

Property Details for 170 Highway 167

Year built

1999

Lot size

1.86 AC

Property size (Sq ft)

16,625 SF

Property type

Outlet malls

APN

003-03333-005

APU

303333005

Description

This exceptional 16,652-square-foot retail property in Bald Knob, Arkansas, presents a compelling investment opportunity. Located at 170 Hwy 167 N, 72010, this vacant Class C building sits on a 1.86-acre lot and boasts high visibility due to its highway frontage and proximity to Interstate 67. Previously occupied by Fred's Dollar Store, the building offers significant potential for a variety of retail uses. The property features ample parking and convenient access, enhanced by a drive-thru lane and a dedicated pharmacy window. Built in 1999, the structure is zoned for commercial use, providing flexibility for future tenants. Its strategic location next to an ARCare Medical office ensures high traffic counts and a strong customer base. The asking price is $849,000, translating to $50.98 per square foot. This property is ready for immediate occupancy and represents a rare chance to acquire a well-situated retail space in a growing market. The building's size and features make it suitable for a variety of retail businesses, offering a strong return on investment for the discerning buyer. The property's prime location and high visibility make it an ideal choice for businesses seeking to establish a strong presence in the Bald Knob area. Don't miss this chance to own a piece of prime Arkansas commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $3,521,236

  6.5%

  $3,250,372

  7%

  $3,018,203

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,266,134

  Geo Method

  $3,266,134

• Alternative Use

  Use

  Valuation

  Residential

  $2,741,810

  Hospitality

  $2,511,484

  Educational

  $2,089,525

  Medical

  $2,161,387

  Retail

  $3,250,372

Location Insight

City

Bald Knob

County

White

State

Arkansas

Latitude

35.3266

Longitude

-91.5606

CBSA code

42620

CBSA name

SEARCY, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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