Property profile

3017 Midland Dr Pine Bluff, AR 71603

OFF-MARKET
Warehouses
Property ID
US05-1530224
16,290 SF 0.92 ac lot Built 1973
Entity Owned Free & Clear
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Property summary

AI-generated overview

This vacant warehouse, located at 3017 S Midland Dr, Pine Bluff, AR 71603, presents a compelling investment opportunity. The property encompasses 16,790 square feet and sits on a 40,000 square foot lot. Built in 1973, this single-story building offers two 10-foot-tall loading docks, providing efficient access for loading and unloading. The asking price is $298,000, translating to a price per square foot of $17.75. The property is currently vacant, allowing for immediate occupancy and customization to suit a variety of industrial needs. Its location in Pine Bluff, Jefferson County, Arkansas, offers access to key transportation routes and a growing market. While the original listing contained additional details regarding office and showroom space, those specifics are not reflected in the current asking price and square footage. This presents a chance to acquire a substantial industrial space at a competitive price point in a desirable location. The property's size and features make it suitable for a range of industrial uses. The single-story design and ample lot size offer flexibility for future expansion or modifications. This is an excellent opportunity for investors or businesses seeking a well-located, functional warehouse in Arkansas.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 16,290 SF
Lot 0.92 ac (39,988 SF)
APN 930-50779-000
UPID US05-1530224

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Electrical Service
  • Distribution Center Logistics Company
  • Distribution Center Logistics Company
  • Insurance Agency

Location

3017 Midland Dr Pine Bluff, AR 71603-4865
Pine Bluff metro Census 1502 PINE BLUFF, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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