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    3Rd Ave Pine Bluff, AR 71601

    Sponsored
    For Sale
    $70,000

    0.81-acre lot, B-5 zoning, redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.81-acre vacant lot presents a compelling investment opportunity in Pine Bluff, Arkansas. Located on 3rd Avenue, between Olive and Walnut Streets, this property encompasses a significant portion of its city block. The land is zoned B-5, offering considerable flexibility for a variety of development projects. This zoning designation opens doors to both commercial and residential redevelopment, making it an ideal canvas for innovative projects. The asking price is $70,000, translating to a land value of $76,923 per acre. Given its size and prime location within the city, this property represents a rare chance to acquire a substantial parcel in a developing area. The property's central location provides easy access to essential amenities and infrastructure, further enhancing its appeal to developers and investors seeking a strategic foothold in Pine Bluff. The potential for significant return on investment makes this 0.81-acre lot a highly attractive proposition for those with a vision for urban revitalization. Serious inquiries are encouraged to explore the possibilities this unique property offers. The property address is 3rd Ave, Pine Bluff, AR 71601, Jefferson County.

    Property Features for 0 3Rd Ave

    General Information

    Property type
    Land
    Lot Size
    35,284 SF

    HighLights

    • 0.81‑acre vacant lot in Pine Bluff, AR, priced at $70,000.
    • Located on 3rd Ave, between Olive and Walnut Streets.
    • B‑5 zoning allows for commercial and residential development.
    • Land value is approximately $76,923 per acre.
    • Prime location offers easy access to amenities and infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.0282599
    Latitude
    34.2276896

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    FAQs

    What type of property is this?
    Land - 0.81-acre lot, B-5 zoning, redevelopment opportunity.
    Where is this land located?
    The property is located at 3Rd Ave Pine Bluff, AR.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: 0.81-acre vacant lot in Pine Bluff, AR, priced at $70,000.; Located on 3rd Ave, between Olive and Walnut Streets.; B-5 zoning allows for commercial and residential development.
    (501) 916-8253
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    3Rd Ave Pine Bluff, AR 71601
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    Pine Bluff, AR 71601
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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

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    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
    3Rd Ave Pine Bluff, AR 71601
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