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    Martin Ave Mena, AR 71953

    For Sale
    $278,500

    0.34-Acre Commercial Lot - $278,500

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity in Mena, Arkansas, presents a unique chance to acquire a thriving commercial property. Situated on a sizable 0.34-acre lot, this property offers significant potential for a variety of commercial ventures. The asking price is $278,500, representing a compelling investment in a dynamic market. While the precise square footage of the building is currently unavailable, the substantial lot size allows for ample expansion or redevelopment possibilities. The property's location in Mena provides excellent access to local amenities and a strong customer base. This is an ideal opportunity for entrepreneurs seeking to establish a new business or for existing businesses looking to expand their operations. The property's versatility makes it suitable for a wide range of uses, from retail and office spaces to service-based businesses. Further details regarding the existing structures and potential uses can be provided upon request. This is a rare opportunity to acquire a well-positioned commercial property in a growing Arkansas town. Don't miss out on this chance to secure a valuable asset in a thriving market. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is located in Mena, AR, offering a strategic location within the community. The 0.34-acre lot provides ample space for development and expansion. This is a turnkey opportunity for a savvy investor.

    Property Features for Martin Ave

    General Information

    Property type
    Investment properties
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.23117
    Latitude
    34.58421

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    FAQs

    What type of property is this?
    Investment property - 0.34-Acre Commercial Lot - $278,500
    Where is this investment property located?
    The property is located at Martin Ave Mena, AR.
    What is the asking price?
    The asking price for this property is $278,500.
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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
    Martin Ave Mena, AR 71953
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