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    Medical Service Morrilton, AR 72110

    For Sale
    $150,000

    Half-acre lot, $150,000 - ideal investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a 0.51-acre parcel of land in Morrilton, Arkansas, currently improved with a medical service building. Priced competitively at $150,000, this property offers significant potential for a variety of uses. The existing structure, while not detailed in square footage, provides a solid foundation for continued medical operations or adaptive reuse. Its location in Morrilton offers access to a growing community and established healthcare infrastructure. The half-acre lot provides ample space for expansion, parking, or future development. This property is particularly attractive to investors seeking a foothold in the Arkansas market or those interested in the healthcare sector. The sale includes the land and existing building, presenting a turnkey opportunity for immediate occupancy or redevelopment. Given the current market conditions and the property's strategic location, this represents a compelling investment with strong potential for appreciation. Serious inquiries are encouraged to explore the possibilities of this unique offering. Further details regarding the building's specifications are available upon request. This is a rare chance to acquire a well-situated property in a thriving community at an attractive price point. Don't miss this chance to secure your investment in Morrilton's future.

    Property Features for Medical Service

    General Information

    Property type
    Other commercial real estate
    Lot Size
    22,216 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morrilton
    County
    Conway
    State
    Arkansas
    Longitude
    -92.71895
    Latitude
    35.16948

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre lot, $150,000 - ideal investment.
    Where is this commercial real estate located?
    The property is located at Medical Service Morrilton, AR.
    What is the asking price?
    The asking price for this property is $150,000.
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    Medical Service Morrilton, AR 72110
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    Morrilton, AR 72110
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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
    Medical Service Morrilton, AR 72110
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