802 Fort StBarling, AR 72923

Property Details for 802 Fort St

Lot size

2.18 AC

Property size (Sq ft)

1,084 SF

Property type

Retail space

APN

63020-0279-00000-00

APU

6302002790000000

Description

This exceptional commercial property at 802 Fort Street, Barling, Arkansas, presents a unique investment opportunity. The 2.18-acre lot houses a fully operational auto garage with a remarkable 28-year history of success. The business offers a comprehensive range of services, including auto repair, body and paint work, and towing services, in addition to operating as a used car lot. Its established clientele and long-standing reputation contribute to its strong financial performance. The property's strategic location in the heart of Barling, with convenient access to Highway 59, ensures high visibility and accessibility for customers. This turnkey operation is ideal for an entrepreneur seeking a well-established business with significant growth potential. The property's size and existing infrastructure provide ample space for operations and potential expansion. The asking price of $695,000 reflects the value of both the established business and the prime real estate. This is a rare opportunity to acquire a profitable, long-standing business with a proven track record in a desirable location. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional commercial property. The property's square footage will need to be verified independently.

• CAP approach

  CAP return

  Valuation

  6%

  $138,907

  6.5%

  $128,221

  7%

  $119,063

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,397

  Geo Method

  $195,397

• Alternative Use

  Use

  Valuation

  Residential

  $108,160

  Hospitality

  $99,074

  Educational

  $82,428

  Medical

  $85,263

  Retail

  $128,221

Location Insight

City

Barling

County

Sebastian

State

Arkansas

Latitude

35.329

Longitude

-94.3048

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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