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    301 Race Ave Searcy, AR 72143

    Sponsored
    For Sale
    $595,000

    Prime 0.32-acre lot, $595,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 301 Race Street in Searcy, Arkansas, presents a unique investment opportunity. The 0.32-acre lot offers significant potential for a variety of commercial ventures. Its strategic location within Searcy provides excellent visibility and accessibility, making it an ideal site for businesses seeking a high-traffic area. The property's size allows for ample space for development, accommodating a range of building plans and designs. The asking price of $595,000 reflects the property's prime location and development potential within a thriving community. This is a rare opportunity to acquire a substantial commercial lot in a desirable area of Searcy. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures provides a blank canvas for a custom-designed building, perfectly tailored to meet specific business needs. This location offers easy access to major roadways, ensuring convenient transportation for both employees and customers. The property's zoning and permitted uses should be independently verified. Don't miss this chance to secure a valuable piece of Searcy commercial real estate. Act quickly, as opportunities like this are seldom available.

    Property Features for 301 Race Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Mi Ranchito Searcy Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.73496
    Latitude
    35.25043

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.32-acre lot, $595,000
    Where is this commercial real estate located?
    The property is located at 301 Race Ave Searcy, AR.
    What is the asking price?
    The asking price for this property is $595,000.
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    301 Race Ave Searcy, AR 72143
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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
    301 Race Ave Searcy, AR 72143
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