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803 Highway 18 Lake City, AR 72437

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For Sale
Contact for pricing

Prime Commercial Land, High ROI Potential

Property size:
6,320 SF

Property Features for 803 Highway 18

General Information

Property type
Land
Square Feet
6,320 SF
Lot Size
19,602 SF

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Listing Contact
Angela Staton
Angela Staton

Listing Agency: CENTURY 21 Wright-Pace Real Estate Listing Agent: Angela Staton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 0.45-acre commercial property located at 803 1/2 Highway 18 in Lake City, Arkansas, presents a unique investment opportunity. The property boasts a substantial 6,320 square feet of space currently utilized as a mini-storage facility. The existing infrastructure includes ten original 10x20 foot storage units, all currently rented and operating under a traditional lock and key system. Further enhancing the income potential are 41 newly constructed units of varying sizes, incorporating cutting-edge Noke smart storage technology. This advanced system provides individual, keyless access to each unit via a user-friendly online platform. All rental information and management are streamlined through the LakeCitySmartStorage.com website, which seamlessly integrates with the Noke system. Active marketing campaigns are underway to secure tenants for the remaining vacant new units, promising immediate and substantial returns. The asking price for this turnkey operation is $429,000. This property is zoned for commercial use and situated in Craighead County, Arkansas, zip code 72437. The property's strategic location and established rental base make it an ideal investment for those seeking a profitable and low-maintenance venture in a growing market. This is a rare opportunity to acquire a well-established and technologically advanced mini-storage facility with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Hair Salon Auto Repair Shop Pharmacy Big Box & Wholesale Store Accounting Firm Auto Parts Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Lake City
County
Craighead
State
Arkansas
Longitude
-90.4358854
Latitude
35.8198163

FAQs

What type of property is this?
Land - Prime Commercial Land, High ROI Potential
Where is this land located?
The property is located at 803 Highway 18 Lake City, AR.
What is the asking price?
The asking price for this property is $429,000.
(870) 930-4308 Call to check price and availability
More about this property
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