126 Church AveBerryville, AR 72616

Property Details for 126 Church Ave

Year built

1935

Property size (Sq ft)

4,840 SF

Property type

Retail space

APN

875-00090-000

APU

87500090000

Description

This 4,840 square foot retail property, located at 126 E Church Ave in Berryville, Arkansas, presents a unique investment opportunity. Built in 1935, the single-story building sits on a 0.15-acre lot (APN 875-00090-000) and is zoned C-1, allowing for a variety of commercial uses. The property features a large storefront, ideal for maximizing visibility and attracting customers. With a daily traffic count of 3,900 vehicles, this location offers exceptional exposure. The asking price is $225,000. The building's 4,840 square feet provides ample space for a restaurant, retail store, or office space. Its versatility makes it suitable for a range of businesses. The property's prime location and high traffic volume make it an attractive investment for entrepreneurs seeking a thriving commercial space in Berryville, Arkansas, zip code 72616. This Class C property offers significant potential for growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $620,210

  6.5%

  $572,502

  7%

  $531,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $872,437

  Geo Method

  $872,437

• Alternative Use

  Use

  Valuation

  Residential

  $482,927

  Hospitality

  $442,358

  Educational

  $368,037

  Medical

  $380,694

  Retail

  $572,502

Location Insight

City

Berryville

County

Carroll

State

Arkansas

Latitude

36.3655

Longitude

-93.5663

Property Tax & Assessments

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