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    3472 Highway 71 Mena, AR 71953

    Sponsored
    For Sale
    $200,000

    6.55 Acres, Highway 71 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 6.55-acre parcel presents a unique investment opportunity in Mena, Arkansas. Located on Highway 71 North at 3472 Highway 71 N, this property boasts significant frontage on a major thoroughfare, offering excellent visibility and accessibility. The expansive acreage provides ample space for a variety of commercial or development projects. Its strategic location within Mena offers proximity to local amenities and a growing community. The land is currently undeveloped, presenting a blank canvas for creative vision and tailored development plans. Buyers can envision a range of possibilities, from constructing a retail center or office complex to developing a light industrial facility or even a unique hospitality venture. The property's size and location make it an attractive proposition for investors seeking high-impact development potential in a thriving Arkansas market. The asking price of $200,000 represents a compelling entry point into the Mena real estate market, offering significant return potential for the right buyer. Serious inquiries are encouraged to explore the possibilities of this remarkable land opportunity. Detailed site surveys and environmental reports are available upon request. This is a rare chance to acquire a substantial piece of commercial real estate in a desirable location. Don't miss this chance to secure your future in Mena.

    Property Features for 3472 Highway 71

    General Information

    Property type
    Other commercial real estate
    Lot Size
    285,318 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Auto Parts Store Food Market Storage Facility Pet Grooming Service 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
    -94.20107
    Latitude
    34.64254

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    FAQs

    What type of property is this?
    Commercial real estate - 6.55 Acres, Highway 71 Frontage
    Where is this commercial real estate located?
    The property is located at 3472 Highway 71 Mena, AR.
    What is the asking price?
    The asking price for this property is $200,000.
    Request Owner's contact information
    3472 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
    3472 Highway 71 Mena, AR 71953
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