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    Polk Road 61 Mena, AR 71953

    For Sale
    $1,525,000

    High-potential Mena business, 0.02 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity in Mena, Arkansas, presents a unique chance to acquire a thriving enterprise situated on a conveniently sized 0.02-acre lot at 61 Polk Road. Priced at $1,525,000, this property offers significant potential for growth and return on investment. While the square footage is currently unavailable, the property's strategic location within Mena ensures high visibility and accessibility for customers. The property type is classified as a Business Opportunity, suggesting a versatile space adaptable to a range of commercial uses. Further details regarding the specific business operations and existing infrastructure are available upon request. Serious inquiries are encouraged to explore this promising investment prospect in the vibrant Mena market. This is an excellent opportunity for an entrepreneur or investor seeking a well-positioned business in a growing community. The property's compact yet strategic lot size minimizes land maintenance while maximizing its commercial potential. Interested parties should act quickly to secure this exceptional offering. The asking price reflects the significant potential inherent in this Mena business venture. Additional information regarding the specifics of the business and its financial performance can be provided to qualified buyers.

    Property Features for Polk Road 61

    General Information

    Property type
    Investment properties
    Lot Size
    871 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.1009
    Latitude
    34.53453

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    FAQs

    What type of property is this?
    Investment property - High-potential Mena business, 0.02 acres.
    Where is this investment property located?
    The property is located at Polk Road 61 Mena, AR.
    What is the asking price?
    The asking price for this property is $1,525,000.
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    Polk Road 61 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
    Polk Road 61 Mena, AR 71953
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