801 Hwy 165 - Freestanding FOR SALE


Dumas, AR 71639
$95,000 USD
305-206-1286
801 Hwy 165, Dumas, AR for Sale
$95,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

801 Hwy 165
Dumas, AR 71639


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Dollar General | 16K VPD | AUCTION DECEMBER 8-10
  • 8,131 SF Freestanding Value-Add Retail (Former Dollar General) Available at Substantial Discount Below Replacement Cost
  • Surrounding Traffic Generators: Piggly Wiggly, McDonald’s, Subway, Snap Fitness, Quality Inn, Simmons Bank, Dumas High School, Dollar General
  • 4,900 VPD Traffic Count Highway Frontage and Visibility on Highway-165 Just off Signalized Intersection with US-65 (+11,992 VPD)
  • Dense Demographics with 10-Mile Population of ±6,119 and Annual Household Income of ±$48,816
  • Zoned C-II, Highway Commercial District with a Variety of Commercial Uses

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 801 Hwy 165 East, Dumas, Desha County, Arkansas 71637 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to secure a highly visible retail asset with direct highway frontage at a compelling basis. FIRST BID MEETS RESERVE! Constructed in 1998, the Property consists of a ±8,131-SF single-story building on a ±0.545-acre parcel (±23,730 SF) with a concrete surface parking lot offering 26 spaces. Constructed to modern design standards, the building features an open retail floor plan and a flexible footprint suitable for a wide range of commercial uses. The site is strategically positioned along US Highway 165 which sees approximately ±4,900 vehicles per day (VPD) and near the signalized intersection with US Highway 65 with 11,992 VPD, ensuring visibility and accessibility. The Property was previously leased to Dollar General on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating rents at $8/SF Modified Gross. Zoned C-II, Highway Commercial District, the Property can accommodate a wide variety of retail, service, and community-oriented uses, further enhancing its flexibility and long-term investment appeal. Dumas, Arkansas presents a modest but noteworthy commercial real estate opportunity as a regional hub in Desha County where U.S. Route?65 passes through — offering direct access and visibility for market-entry projects. The city benefits from proximity to Delta-region agricultural operations and local industrial activity, anchoring demand for essential service and convenience retail. The site is strategically located near the signalized intersection of US Highway 65 and US Highway 165 ensuring strong visibility and accessibility for both local residents and regional traffic. The 10-mi trade area has approximately ±6,119 residents with an average household income (AHHI) above $48,816.

FOR SALE DETAILS

PRICE

$95,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction -REIT Sale | Former Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

001-06880-000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.