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    4685 Highway 8 Mena, AR 71953

    Sponsored
    For Sale
    $575,000

    Four-acre commercial lot, ideal for entrepreneurs. High-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional business opportunity presents a prime four-acre parcel of land located at 4685 Hwy 8 W in Mena, Arkansas. The property's strategic location on Highway 8 West ensures high visibility and accessibility, making it perfect for a wide range of commercial ventures. The expansive four-acre lot offers ample space for development, allowing for significant flexibility in design and construction. The property is currently vacant, providing a blank canvas for ambitious entrepreneurs to build their dream business. Its location in Mena, AR offers access to a thriving local community and presents a unique opportunity to establish a strong presence in a growing market. The asking price of $575,000 reflects the significant potential of this property. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land offers. The property is zoned for commercial use, and all necessary utilities are readily available. This is a rare opportunity to acquire a substantial commercial lot in a desirable location, ready for immediate development. Don't miss out on this chance to secure a valuable asset in a dynamic market. Further details regarding zoning regulations and utility access are available upon request.

    Property Features for 4685 Highway 8

    General Information

    Property type
    Investment properties
    Lot Size
    174,240 SF

    Building Details

    Year Built
    2022
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.34711
    Latitude
    34.59761

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    FAQs

    What type of property is this?
    Investment property - Four-acre commercial lot, ideal for entrepreneurs. High-traffic location.
    Where is this investment property located?
    The property is located at 4685 Highway 8 Mena, AR.
    What is the asking price?
    The asking price for this property is $575,000.
    Request Owner's contact information
    4685 Highway 8 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
    4685 Highway 8 Mena, AR 71953
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