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    805 Main St Leola, AR 72084

    For Sale
    $145,000

    Prime 0.17-Acre Commercial Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 805 Main Street in the thriving town of Leola, Arkansas, presents a unique investment opportunity. Situated on a conveniently sized 0.17-acre lot, this property offers significant potential for a variety of commercial ventures. The existing structure, while not detailed in square footage, provides a solid foundation for redevelopment or repurposing. Its central Main Street location ensures high visibility and accessibility, making it an ideal spot for businesses seeking strong foot traffic and convenient access for customers. Leola's growing community offers a supportive environment for new businesses, with a steady population base and a positive economic outlook. The asking price of $145,000 represents a compelling value for a property with such prime location and development potential. This is a rare chance to acquire a piece of Leola's commercial landscape and build a successful enterprise. The property's versatility allows for a wide range of uses, making it an attractive option for entrepreneurs and investors alike. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this opportunity to secure a prominent location in a growing Arkansas community. Further details and site visits can be arranged upon request.

    Property Features for 805 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Hair Salon Nail Salon Convenience Store Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Leola
    County
    Grant
    State
    Arkansas
    Longitude
    -92.59077
    Latitude
    34.16965

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.17-Acre Commercial Lot
    Where is this commercial real estate located?
    The property is located at 805 Main St Leola, AR.
    What is the asking price?
    The asking price for this property is $145,000.
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    805 Main St Leola, AR 72084
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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
    805 Main St Leola, AR 72084
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