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    4004 Highway 71 Mena, AR 71953

    Sponsored
    For Sale
    $250,000

    5 Acres, Highway 71 Frontage, $250,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5-acre property presents a unique investment opportunity in Mena, Arkansas. Located on Highway 71 South at 4004 Highway 71 S, this expansive parcel boasts significant frontage on a major thoroughfare, offering unparalleled visibility and accessibility. The land's versatile nature makes it suitable for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses or potential development projects. Its strategic location within Mena provides easy access to the city's amenities and services, while also benefiting from the high traffic volume of Highway 71. The property's size allows for ample space for building construction, parking, and landscaping, providing flexibility for future development plans. The asking price of $250,000 represents a compelling value for a property of this size and location, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial commercial parcel in a growing Arkansas market. Don't miss out on this chance to secure a prime piece of Mena real estate. Act quickly, as properties like this are in high demand.

    Property Features for 4004 Highway 71

    General Information

    Property type
    Other commercial real estate
    Lot Size
    217,800 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.33173
    Latitude
    34.5205

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    FAQs

    What type of property is this?
    Commercial real estate - 5 Acres, Highway 71 Frontage, $250,000
    Where is this commercial real estate located?
    The property is located at 4004 Highway 71 Mena, AR.
    What is the asking price?
    The asking price for this property is $250,000.
    Request Owner's contact information
    4004 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
    4004 Highway 71 Mena, AR 71953
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