230 Highway 65Clinton, AR 72031
- Strip malls
- 11,160 SF
Property Details for 230 Highway 65
- Year built
- 2005
- Lot size
- 1.30 AC
- Property size (Sq ft)
- 11,160 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1964-00004-0000
- APU
- 1964000040000
Description
This exceptional 11,000-square-foot shopping center in Clinton, Arkansas, presents a compelling investment opportunity. Located at 230 Hwy 65 S, zip code 72031, this 2005-built property boasts 100% occupancy and offers a diverse tenant mix including service-oriented businesses, a restaurant, and medical professionals. The asking price is $850,000, translating to a price per square foot of $77.27. The property benefits from excellent visibility and convenient access, enhanced by recent 2023 capital improvements including a resurfaced parking lot and upgraded exterior lighting. Its strategic location near Greers Ferry Lake and Archey Fork Park provides significant foot traffic and visibility. The lake's popularity for recreational activities, combined with the park's amenities (walking trails, playgrounds, picnic areas, sports fields, and event spaces), creates a high-traffic environment. The property also includes additional acreage, offering potential for expansion and future value appreciation through rental increases. This property is priced below replacement cost and presents a rare opportunity to acquire a well-maintained, high-performing retail center in a desirable location. The two retail buildings can be purchased individually or as a portfolio.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,430,072
- 6.5%
- $1,320,066
- 7%
- $1,225,776
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,011,652
- Geo Method
- $2,011,652
-
Alternative Use
- Use
- Valuation
- Residential
- $1,113,525
- Hospitality
- $1,019,983
- Educational
- $848,614
- Medical
- $877,799
- Retail
- $1,320,066
Location Insight
- City
- Clinton
- County
- Van Buren
- State
- Arkansas
- Latitude
- 35.594
- Longitude
- -92.4546
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].