5049 Pangburn RdHeber Springs, AR 72543

Property Details for 5049 Pangburn Rd

Year built

1998

Lot size

1.51 AC

Property size (Sq ft)

2,000 SF

Property type

Grocery and convenience stores

APN

001-00052-001

APU

100052001

Description

This exceptional fee-simple ownership opportunity presents a thriving convenience store located at 5049 Pangburn Rd, Heber Springs, AR 72543. The property boasts a spacious 2,000 square foot building constructed in 1998, situated on a generous 1.5-acre lot. Currently operating as a successful convenience store, this single-story building offers significant potential for expansion and increased profitability. The asking price is $530,000, translating to a price per square foot of $265. The property includes three gas pumps, providing an additional revenue stream. There is limited competition in the area, and the sale includes no branding obligations, allowing for maximum flexibility and customization. The seller highlights the outstanding opportunity to add a food component, further enhancing the store's appeal and revenue generation. The property is zoned NA, and the sale is a direct owner sale. This turnkey operation is ideal for an experienced entrepreneur seeking a profitable investment in a growing market. The property's prime location and existing infrastructure provide a solid foundation for immediate success and future growth. This is a rare opportunity to acquire a well-established business with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $672,022

  6.5%

  $620,328

  7%

  $576,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $392,918

  Geo Method

  $392,918

• Alternative Use

  Use

  Valuation

  Residential

  $523,270

  Hospitality

  $479,312

  Educational

  $398,782

  Medical

  $412,497

  Retail

  $620,328

Location Insight

City

Heber Springs

County

Cleburne

State

Arkansas

Latitude

35.4322

Longitude

-91.8875

Property Tax & Assessments

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