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    1600 Reine St Mena, AR 71953

    Sponsored
    For Sale
    $225,000

    3-Acre Tract, $225,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 3-acre property located at 1600 Reine, Mena, Arkansas, presents a unique investment opportunity. Situated in Mena, AR, this expansive lot offers significant potential for a variety of uses, making it an attractive prospect for developers, investors, or those seeking a substantial land holding. The property's size provides ample space for various projects, from residential development to commercial ventures, or simply as a large private estate. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built property tailored to specific needs and preferences. The location in Mena offers access to local amenities and services, while also providing a tranquil setting away from the hustle and bustle of larger cities. Given its size and location, this property represents a rare chance to acquire a significant land parcel in a desirable area. The asking price of $225,000 reflects the considerable potential and value offered by this exceptional piece of land. Serious inquiries are encouraged to explore the possibilities this property presents. Further details regarding zoning and potential uses are readily available upon request. Don't miss this opportunity to secure a substantial land holding in Mena, Arkansas.

    Property Features for 1600 Reine St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.24932
    Latitude
    34.57331

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    FAQs

    What type of property is this?
    Commercial real estate - 3-Acre Tract, $225,000
    Where is this commercial real estate located?
    The property is located at 1600 Reine St Mena, AR.
    What is the asking price?
    The asking price for this property is $225,000.
    Request Owner's contact information
    1600 Reine St 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
    1600 Reine St Mena, AR 71953
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