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    518 Malcolm Ave Newport, AR 72112

    For Sale
    $175,000

    0.4-acre lot, $175,000. Ideal for entrepreneurs.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional business opportunity is situated on a sizable 0.4-acre lot at 518 Malcolm in Newport, Arkansas. Priced competitively at $175,000, this property presents a unique chance for a savvy investor or entrepreneur to establish or expand their business venture. The property's location in Newport offers excellent access to local amenities and a strong potential customer base. The substantial 0.4-acre lot provides ample space for development, allowing for flexibility in design and functionality to suit a variety of business needs. Whether you envision a retail space, office complex, or other commercial enterprise, this property's generous land area offers significant potential for growth and expansion. The address, 518 Malcolm, ensures high visibility and easy accessibility for customers and employees alike. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Arkansas community. The asking price reflects the property's significant potential and represents an attractive investment in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to secure a prime commercial location in Newport, Arkansas.

    Property Features for 518 Malcolm Ave

    General Information

    Property type
    Investment properties
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.27335
    Latitude
    35.60612

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    FAQs

    What type of property is this?
    Investment property - 0.4-acre lot, $175,000. Ideal for entrepreneurs.
    Where is this investment property located?
    The property is located at 518 Malcolm Ave Newport, AR.
    What is the asking price?
    The asking price for this property is $175,000.
    Request Owner's contact information
    518 Malcolm Ave Newport, AR 72112
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    Newport, AR 72112
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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
    518 Malcolm Ave Newport, AR 72112
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