307 College StOzark, AR 72949

  • Retail space
  • 1,120 SF
For Sale
$49,900 View listing

Property Details for 307 College St

Year built
1940
Lot size
0.03 AC
Property size (Sq ft)
1,120 SF
Property type
Retail space
APN
009-00868-000
APU
900868000

Description

This exceptional retail property, located at 307 W College Street in the heart of downtown Ozark, Arkansas, presents a unique investment opportunity. Situated on a conveniently sized 0.05-acre lot, this property offers significant potential for a variety of retail businesses. The building's size is not specified, however, its prime downtown location ensures high visibility and foot traffic, making it an attractive proposition for entrepreneurs seeking a thriving commercial environment. The asking price of $49,900 makes this an accessible entry point into the Ozark commercial real estate market. Its central location within the downtown business district guarantees proximity to other established businesses and a strong customer base. This property is ready for immediate occupancy and presents a blank canvas for a discerning buyer to create a successful retail venture. The property's location within the vibrant downtown area offers excellent exposure and accessibility, making it an ideal choice for a business seeking a high-traffic location. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's compact size and strategic location make it an attractive option for a variety of retail concepts. Don't miss this chance to establish your business in a thriving Ozark community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $143,520
    6.5%
    $132,480
    7%
    $123,017
  • Comparable approach

    Method
    Valuation
    Relative Method
    $201,886
    Geo Method
    $201,886
  • Alternative Use

    Use
    Valuation
    Residential
    $111,752
    Hospitality
    $102,364
    Educational
    $85,166
    Medical
    $88,095
    Retail
    $132,480
307 College St, Ozark, Arkansas

Location Insight

City
Ozark
County
Franklin
State
Arkansas
Latitude
35.4876
Longitude
-93.8275
CBSA code
22900
CBSA name
FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$149
$450
$2,310
$2,760
-
$2,250
$11,550
$13,800

FAQs

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