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    3005 Highway 71 Mena, AR 71953

    Sponsored
    For Sale
    $75,000

    2 Acres, $75,000 - Build Your Dream

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 2-acre parcel of land presents a unique opportunity for development in Mena, Arkansas. Located at 3005 Highway 71 South, this property offers significant potential for a variety of uses, making it an attractive investment for both residential and commercial ventures. The expansive acreage provides ample space for construction, allowing for substantial building footprints and ample outdoor space. The property's location on Highway 71 South offers excellent visibility and accessibility, ensuring convenient access for residents and customers alike. The area surrounding the property is characterized by a mix of residential and commercial developments, suggesting a thriving and growing community. This presents a chance to capitalize on the area's potential for future growth and development. The asking price of $75,000 represents a compelling value for the land's size and location, making it an attractive investment opportunity. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built project tailored to specific needs and preferences. This blank canvas presents a rare opportunity to shape the future of this desirable location. The property's zoning and permitted uses should be independently verified. Don't miss this chance to acquire a significant piece of land in a promising Arkansas location.

    Property Features for 3005 Highway 71

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Food Market Veterinary Clinic Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.26652
    Latitude
    34.56403

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    FAQs

    What type of property is this?
    Commercial real estate - 2 Acres, $75,000 - Build Your Dream
    Where is this commercial real estate located?
    The property is located at 3005 Highway 71 Mena, AR.
    What is the asking price?
    The asking price for this property is $75,000.
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    3005 Highway 71 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
    3005 Highway 71 Mena, AR 71953
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