Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    123 Railroad St Monticello, AR 71655

    Sponsored
    For Sale
    $110,000

    0.7-acre lot, ideal for development. $110,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.7-acre parcel of land is located at 123 Railroad St, Monticello, AR. Priced competitively at $110,000, this property presents a unique opportunity for investors and developers alike. The expansive 0.7-acre lot offers significant potential for a variety of uses, subject to local zoning regulations. Its location in Monticello provides convenient access to local amenities and infrastructure. The property's size makes it suitable for a range of projects, from residential construction to commercial ventures. Detailed site surveys and environmental assessments are recommended to fully understand the development potential. This is a blank canvas ready for your vision. The property is being sold "as is," and buyers are encouraged to conduct their own due diligence before making an offer. This is a rare opportunity to acquire a sizable lot in a desirable location at an attractive price point. Don't miss out on this chance to secure a piece of Monticello's future. Serious inquiries only. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 123 Railroad St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1970
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Drew
    State
    Arkansas
    Longitude
    -91.80131
    Latitude
    33.62837

    Nearby Comparable

    • $400,000
      8.00 Acres

      Undeveloped Land Off US Hwy

      8 acres of cleared land ready for development off US Hwy
      Highway 425, Monticello, AR 71655
      View Details
    • $250,000
      2.00 Acres

      Commercial Land with Highway Frontage

      2-acre commercial lot with highway frontage in Monticello, Arkansas.
      Highway 425, Monticello, AR 71655
      View Details
    • $650,000
      5,000 SF

      Monticello Multifamily Investment Opportunity

      Newly built apartment building with five units in a quiet location.
      125 W Jackson St, Monticello, AR 71655
      View Details
    • $105,000
      420 SF

      Monticello Investment Opportunity: Two Homes

      Two tenant-occupied, one-bedroom homes offer immediate income.
      124 W College A & B Ave, Monticello, AR 71655
      View Details
    • $138,000
      1,950 SF

      Downtown Commercial Property in Monticello

      Versatile 1,950 sq ft commercial space in downtown Monticello.
      103 Bailey St, Monticello, AR 71655
      View Details
    • $400,000
      9,039 SF

      Historic Building with Income Potential

      Versatile commercial property with restaurant, retail, and residential income.
      355 S Main St, Monticello, AR 71655
      View Details
    • $120,000
      2.19 Acres

      2.19 Acres in Monticello, AR

      2.19 acres for apartments, commercial business, office, or home.
      Midway Rte, Monticello, AR 71655
      View Details
    • $416,000
      8,320 SF

      Retail Building on 1.18 Acres

      8,320 SF retail building on 1.18 acres for sale.
      620 W Gaines St, Monticello, AR 71655
      View Details
    • $133,000
      4,500 SF

      Monticello Mixed-Use Opportunity

      Move-in ready, versatile property suitable for various uses.
      620 NORTH Conley St, Monticello, AR 71655
      View Details
    • $400,000
      1.04 Acres

      Commercial Lot with Highway Access

      Commercial property with shop and highway visibility in Monticello, AR.
      922 Highway 425 N, Monticello, AR 71655
      View Details
    • $875,000
      2,976 SF

      Renovated Restaurant with Rental Income

      Move-in-ready restaurant with rental units on 2.29+- acres.
      810 Highway 278, Monticello, AR 71655
      View Details

    Nearby Similar for Sale

    • $400,000
      9,039 SF

      Historic Building with Income Potential

      Versatile commercial property with restaurant, retail, and residential income.
      355 S Main St, Monticello, AR 71655
      View Details
    • $875,000
      2,976 SF

      Renovated Restaurant with Rental Income

      Move-in-ready restaurant with rental units on 2.29+- acres.
      810 Highway 278, Monticello, AR 71655
      View Details
    • $436,500
      5,359 SF

      Versatile Building Near Baptist Hospital

      Adaptable property ideal for medical, educational, or business ventures.
      777 Jordan Dr, Monticello, AR 71655
      View Details
    • $650,000
      5,000 SF

      Monticello Multifamily Investment Opportunity

      Newly built apartment building with five units in a quiet location.
      125 W Jackson St, Monticello, AR 71655
      View Details
    • $138,000
      1,950 SF

      Downtown Commercial Property in Monticello

      Versatile 1,950 sq ft commercial space in downtown Monticello.
      103 Bailey St, Monticello, AR 71655
      View Details
    • $750,000
      5,280 SF

      Monticello Commercial Property For Sale

      Versatile commercial property ideal for medical or professional services.
      750 H L Ross Dr, Monticello, AR 71655
      View Details
    • $133,000
      4,500 SF

      Monticello Mixed-Use Opportunity

      Move-in ready, versatile property suitable for various uses.
      620 NORTH Conley St, Monticello, AR 71655
      View Details
    • $175,000
      5,749 SF

      Monticello Warehouse with Storefront

      5,749 SF warehouse on one acre with truck dock.
      538 E Shelton St, Monticello, AR 71655
      View Details
    • $105,000
      420 SF

      Monticello Investment Opportunity: Two Homes

      Two tenant-occupied, one-bedroom homes offer immediate income.
      124 W College A & B Ave, Monticello, AR 71655
      View Details
    • $416,000
      8,320 SF

      Retail Building on 1.18 Acres

      8,320 SF retail building on 1.18 acres for sale.
      620 W Gaines St, Monticello, AR 71655
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 0.7-acre lot, ideal for development. $110,000.
    Where is this commercial real estate located?
    The property is located at 123 Railroad St Monticello, AR.
    What is the asking price?
    The asking price for this property is $110,000.
    Request Owner's contact information
    123 Railroad St Monticello, AR 71655
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    123 Railroad St
    Monticello, AR 71655
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    123 Railroad St Monticello, AR 71655
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.