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    620 Constitution Ave Ashdown, AR 71822

    For Sale
    $850,000

    Prime Hwy 71 location, 7,500 sq ft.

    Property size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 7,500-square-foot commercial property, formerly a Regions Bank branch, presents a remarkable investment opportunity in Ashdown, Arkansas. Located on Highway 71, this single-story building sits on a spacious 1.9-acre lot and boasts high visibility due to its prominent location and strong architectural presence. The property's versatile layout is adaptable to a variety of uses, making it an ideal choice for retail, office space, or a community hub. Its convenient location offers easy access to local schools, businesses, and restaurants, ensuring high traffic and visibility. The building's design allows for flexible configuration, with the potential to be divided into two separate tenant spaces, maximizing rental income potential. The high traffic count of 15,000 vehicles per day (2022 data) further underscores the property's prime location and significant commercial potential. This Class C building offers a substantial opportunity for an investor seeking a well-positioned property with significant upside. The asking price is $850,000. Don't miss this chance to acquire a unique and versatile commercial property in a thriving Arkansas community.

    Property Features for 620 Constitution Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,500 SF
    Class
    C
    Lot Size
    82,764 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Hwy 71 frontage with excellent access to schools, businesses, and restaurants.
    • Suitable for retail or office use with ample space.
    • Divisible into two independent suites.
    • High‑visibility signage for enhanced marketing.
    • High‑traffic location with 15,000 vehicles per day (2022 data).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Regions Bank Bank Western Union Money Transfer Service ATM (Regions Bank) Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashdown
    County
    Little River
    State
    Arkansas
    Longitude
    -94.122795470795
    Latitude
    33.665362034627

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hwy 71 location, 7,500 sq ft.
    Where is this individual retail property located?
    The property is located at 620 Constitution Ave Ashdown, AR.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Hwy 71 frontage with excellent access to schools, businesses, and restaurants.; Suitable for retail or office use with ample space.; Divisible into two independent suites.
    Request Owner's contact information
    620 Constitution Ave Ashdown, AR 71822
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    Ashdown, AR 71822
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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

    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
    620 Constitution Ave Ashdown, AR 71822
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