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    294 Highway 79 Marianna, AR 72360

    For Sale
    $300,000

    Traditional, Building and Land - Marianna, AR

    Property size:
    4,887 SF
    Lot size:
    0.82 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 294 Highway 79

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    APN
    05-01867-01 and 05-01866
    Parking
    20
    Interior features
    In-unit Bathroom
    Exterior features
    Pole Sign
    Size
    4,887 SF
    Lot size
    0.82 Acres

    Utilities

    Heating system
    Floor Furnace, Wall Furnace
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1950
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    New Traditional

    Compass Rose Realty (870) 761-7774

    Listing agent Andrea Andrews (870) 336-1008

    Listing date Oct 23, 2025

    MLS# 25042507 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Multi-Unit Investment Property

    Located in Marianna, Arkansas, this property at 294 Highway 79 in the Robertson Addition is situated on a 0.82-acre lot with highway frontage and an estimated daily traffic count of 1,750. The property features 17 total units, including a manager's apartment and an office. Ample paved parking is available, along with a pole sign for brand exposure. Currently, 14 units are rentable, while 3 are utilized for storage but can be converted into income-producing spaces. The property is zoned C-2. The building has a size of 4,887 square feet. With city approval, this site could be converted into a thriving apartment complex or multi-unit investment property. Marianna, with a population over 3,000, serves as the county seat and largest city in Lee County. The property’s location provides easy access to key regional amenities and employers, including Mississippi River State Park (10 min), Forrest City (20 min), Memphis (55 min), and Little Rock (90 min).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marianna
    County
    Lee
    State
    Arkansas
    Longitude
    -90.770488
    Latitude
    34.781742

    FAQs

    What type of property is this?
    Apartment building - Multi-unit property with highway frontage in Marianna, Arkansas.
    Where is this apartment building located?
    The property is located at 294 Highway 79 Marianna, AR.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High-traffic highway frontage on a .82 +/- acre lot.; - 17 total units, including a manager's apartment and office.; - Potential for conversion into a thriving apartment complex or multi-unit investment property (subject to city approval).
    (870) 336-1008
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    294 Highway 79 Marianna, AR 72360
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    Marianna, AR 72360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    294 Highway 79 Marianna, AR 72360
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