314 Highway 62Yellville, AR 72687

Property Details for 314 Highway 62

Construction

FRAME

Lot size

0.50 AC

Property size (Sq ft)

960 SF

Property type

Retail space

APN

800-04921-000

APU

80004921000

Description

This exceptional commercial property, located at 314 Hwy 62 West in Yellville, Arkansas, presents a unique investment opportunity. Situated next to a Dollar General store, this property benefits from an estimated 14,000 vehicles passing daily, ensuring high visibility and potential customer traffic. The property extends through to 3rd Street, offering versatile development possibilities. The sale includes a residential home and two additional structures all situated directly on the highway. This presents a significant advantage for a business needing both office/retail space and potential employee housing. The property is being sold "AS IS," allowing for flexibility in renovations and improvements to suit a buyer's specific needs. Given the high daily traffic count and prominent location, this property is ideally suited for a variety of commercial ventures. The inclusion of the existing structures provides immediate usability, minimizing initial setup costs. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate offering in the thriving town of Yellville. The property's size is not specified, but its strategic location and multiple buildings make it a compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $123,017

  6.5%

  $113,554

  7%

  $105,443

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,045

  Geo Method

  $173,045

• Alternative Use

  Use

  Valuation

  Residential

  $95,787

  Hospitality

  $87,740

  Educational

  $72,999

  Medical

  $75,510

  Retail

  $113,554

Location Insight

City

Yellville

County

Marion

State

Arkansas

Latitude

36.2607

Longitude

-92.7077

Property Tax & Assessments

FAQs

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