1007 Main StClarksville, AR 72830

Property Details for 1007 Main St

Lot size

0.57 AC

Property size (Sq ft)

5,891 SF

Property type

Office buildings

APN

002-00515-000C

APU

00200515000C

Description

This exceptional commercial property, located at 1007 W. Main in Clarksville, Arkansas, presents a lucrative investment opportunity. The 5,891 square foot building sits on a lot with zero acres and is currently occupied by multiple thriving businesses, making it an ideal acquisition for an investor seeking immediate cash flow. The property's classification includes both office space and land, offering flexibility for future development or expansion. The address is conveniently situated in Johnson County, Arkansas, with a zip code of 72830. The building's current configuration is entirely dedicated to office space, providing a solid foundation for continued success. Given the existing tenant occupancy, this property offers a unique chance to acquire a stable, income-generating asset in a desirable location. The asking price is $349,900, representing a compelling value for a fully operational commercial building. The property's location in Clarksville provides access to a growing market and offers significant potential for long-term appreciation. This is a rare opportunity to acquire a turnkey commercial property with immediate income potential and significant upside. The property is ready for a new owner to step in and continue the success of the current businesses. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $513,529

  6.5%

  $474,027

  7%

  $440,168

• Comparable approach

  Method

  Valuation

  Relative Method

  $421,383

  Geo Method

  $421,383

• Alternative Use

  Use

  Valuation

  Residential

  $587,794

  Hospitality

  $538,416

  Educational

  $447,956

  Medical

  $463,361

  Retail

  $696,820

Location Insight

City

Clarksville

County

Johnson

State

Arkansas

Latitude

35.4712

Longitude

-93.4736

Property Tax & Assessments

FAQs

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