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    705 Gillham Ave Mena, AR 71953

    For Sale
    $685,000

    Land Only - Mena, AR

    Property size:
    170,000 SF
    Lot size:
    4.00 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 705 Gillham Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    170,000 SF
    Lot size
    4.00 Acres

    Building Details

    Flooring type
    None
    Building materials
    Other, See Remarks
    Roof type
    Other, See Remarks
    Architectural style
    Other

    Holly Springs Real Estate (479) 394-4200 [email protected]

    Listing agent Ryan Lewis (479) 394-4200

    Listing date Aug 29, 2025

    MLS# 24016442 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

    Mena, AR Commercial Land

    This commercial property is located in Mena, Arkansas, and comprises 3.96 acres. The land borders Highway 71, 7th Street, 8th Street, and Gillham Avenue, occupying an entire block. It features highway frontage and is ready for development. City utilities are available on site. The property offers views and is suitable for investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.237131
    Latitude
    34.580859

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    FAQs

    What type of property is this?
    Land - Prime commercial land in Mena with highway frontage and utilities.
    Where is this land located?
    The property is located at 705 Gillham Ave Mena, AR.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - Prime commercial property in the heart of Mena.; - Highway 71 frontage.; - **3.96 acres occupying a whole block.**
    (479) 394-4200
    Request Owner's contact information
    705 Gillham Ave Mena, AR 71953
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    Mena, AR 71953
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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
    705 Gillham Ave Mena, AR 71953
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