105 Jefferson Magnolia, AR 71753-2853
- Warehouses
- 1,760 SF
- 0.04 lot acres
Current Use by Public Records
- Warehouses
Property Details for 105 Jefferson
- Lot size
- 0.04 lot acres
- Property size
- 1,760 SF
- Property type
- Warehouses
- APN
- 01-01178-00000
- APU
- 10117800000
Description
This exceptional investment opportunity presents a charming office building situated in the heart of Magnolia, Arkansas's vibrant downtown square at 105 North Jefferson. Priced at $109,900, this property offers endless potential for a variety of uses. While the current square footage is not specified, the building's prime location on the square ensures high visibility and accessibility. The existing tenant, Kelli's Kustom Framing, will be relocating, presenting a blank canvas for a new owner to customize the space to their specific needs. This presents a unique chance to establish a business in a thriving community or to add a valuable asset to an existing portfolio. The building's address is 105 North Jefferson, Magnolia, AR 71753, and its location within the downtown area provides easy access to local amenities, businesses, and a strong customer base. The property is situated in Columbia County (County Code: 05027) and offers a rare chance to own a piece of Magnolia's historic downtown. The building's potential is limited only by the imagination of its new owner. This is a remarkable opportunity to acquire a well-positioned commercial property in a desirable location. Serious inquiries are encouraged to explore this exciting prospect further. The property's geographic coordinates are 33.2673843 latitude and -93.2417267 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $100,000
- 6.5%
- $105,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $95,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $120,000
- Retail
- $110,000
- Mixed-Use
- $95,000
- Hospitality
- $110,000
- Educational
- $120,000
- Residential Income
- $105,000
- Energy
- $120,000
- Income-Based Land
- $120,000
- Food Service
- $115,000
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Columbia
- State
- Arkansas
- Longitude
- -93.2416
- Latitude
- 33.2674
- CBSA code
- 31620
- CBSA name
- MAGNOLIA, AR MICROPOLITAN STATISTICAL AREA