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    160 Locke St Ashdown, AR 71822

    For Sale
    $60,000

    0.48-acre lot, $60,000 - ideal investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.48-acre lot presents a unique investment opportunity in the thriving town of Ashdown, Arkansas. Located at 160 Locke, this property offers significant potential for a variety of uses, making it an attractive prospect for both seasoned investors and those new to the market. The land is conveniently situated within Ashdown, providing easy access to local amenities, businesses, and transportation routes. Its size makes it suitable for a range of development projects, from residential construction to commercial ventures. 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 asking price of $60,000 represents a compelling value proposition in the current market, offering a strong return on investment potential. Given its location and size, this property is expected to attract considerable interest. Serious inquiries are encouraged to explore the possibilities and secure this prime piece of Ashdown real estate. The property is ready for immediate development, eliminating lengthy delays associated with site preparation. This presents a rare opportunity to acquire a well-positioned lot in a growing community, offering a chance to build equity and capitalize on the area's upward trajectory. Don't miss out on this chance to own a piece of Ashdown.

    Property Features for 160 Locke St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    The Sitting Service Senior Citizen Center

    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
    Ashdown
    County
    Little River
    State
    Arkansas
    Longitude
    -94.13136
    Latitude
    33.66964

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    FAQs

    What type of property is this?
    Commercial real estate - 0.48-acre lot, $60,000 - ideal investment.
    Where is this commercial real estate located?
    The property is located at 160 Locke St Ashdown, AR.
    What is the asking price?
    The asking price for this property is $60,000.
    Request Owner's contact information
    160 Locke St Ashdown, AR 71822
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    Ashdown, AR 71822
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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
    160 Locke St Ashdown, AR 71822
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