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    2011 Highway 71 Mena, AR 71953

    Sponsored
    For Sale
    $137,500

    0.64-Acre Lot - $137,500

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 0.64-acre commercial lot, located at 2011 Highway 71 South in Mena, Arkansas, presents a unique investment opportunity. The property's strategic location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Its size provides ample space for development, allowing for flexibility in design and functionality. The address, 2011 Highway 71 South, places the land in a high-traffic area, ensuring significant exposure to potential customers. This presents a compelling opportunity for businesses seeking a prominent location to establish or expand their operations. The asking price of $137,500 reflects the property's significant potential and prime location within the Mena market. Given the size and location, this lot is suitable for a range of commercial uses, from retail establishments to light industrial businesses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures allows for complete customization to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to confirm zoning regulations and permitted uses. This is a rare opportunity to acquire a well-situated commercial lot in a growing area. Don't miss out on this chance to secure a valuable piece of Mena real estate. The property is ready for immediate development, offering a streamlined path to establishing a successful business.

    Property Features for 2011 Highway 71

    General Information

    Property type
    Other commercial real estate
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail 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
    -94.25511
    Latitude
    34.56843

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    FAQs

    What type of property is this?
    Commercial real estate - 0.64-Acre Lot - $137,500
    Where is this commercial real estate located?
    The property is located at 2011 Highway 71 Mena, AR.
    What is the asking price?
    The asking price for this property is $137,500.
    Request Owner's contact information
    2011 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
    2011 Highway 71 Mena, AR 71953
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