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Commercial Land with Shop
For Sale
$395,000

306 Hwy 71 N, Mena, AR 71953

Commercial / Industrial, Colonial, Mena, AR

Property Size7,000 SF
Lot Size2.84 Acres
Price / SF$56.43
Days on Market533

Property Features for 306 Hwy 71 N

General Information

Property type Commercial Sale
Property subtype Other
Parking 4
Interior features Kitchen Area, Living Area, Ceiling Fans, In-Unit Bathroom, Showers, Stairs
Exterior features Storage Building, Outside Storage Area, Additional Outbuildings
Lot features Sloped, Creek, In Subdivision
Directions 306 Hwy 71 N and 407 Wagoner
Subdivision MENA
Standard status Active
Size 7,000 SF
Lot size 2.84 Acres

Taxes and HOA fees

Tax Description Lots 9-12 Mar Heights&PT Lot 3
Tax Annual Amount 1146
Legal Description Lots 9-12 Mar Heights&PT Lot 3

Building Details

Year built 1950
Floors in Building 2
Flooring type Carpet - Partial, Tile, Vinyl
Roof type Metal
Architectural style Colonial
Additional Structures Outbuilding, Storage
Listing Agency: Keller Williams Realty Mena
Listed By: Rhonda Tims
Added: Apr 21, 2025 Changed: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# 25015937

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.84-acre commercial land parcel includes a garage, shop, and creek. City utilities are available on the property. An existing home is also present, though it is identified as having no value in the listing information.

Access points connect the site with Hwy 71 at the front and Pickering and Wagoner at the rear. The parcel is offered as a single property and will not be subdivided.

Key Highlights

  • 2.84‑acre commercial land parcel
  • Front entrance on Hwy 71 with rear entrances on Pickering and Wagoner
  • Existing garage and shop

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Locksmith Big Box & Wholesale Store Dental Office Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 71953, AR

14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A creek, garage, shop, and city utilities are among the existing site features.
Where is this commercial land located?
The property is located at 306 Hwy 71 N Mena, AR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2.84‑acre commercial land parcel; Front entrance on Hwy 71 with rear entrances on Pickering and Wagoner; Existing garage and shop
More about this property
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