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    2305 Service Rd West Memphis, AR 72301

    Sponsored
    For Sale
    $399,000

    Prime Commercial Land Near Southland Casino

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 28,305 square foot commercial land parcel is ideally situated in West Memphis, Arkansas, at 2305 E Service Road West, zip code 72301. The property is zoned for commercial use, offering significant development potential. Its strategic location provides easy access to Interstate 40 and the vibrant downtown Memphis area, ensuring high visibility and convenient access for businesses. The proximity to the Southland Casino further enhances its appeal, attracting a large volume of traffic and potential customers. Priced at $399,000, this property presents a compelling investment opportunity. The seller is open to considering a ground lease arrangement, providing flexibility for potential buyers or tenants. This is a rare chance to acquire a substantial commercial land holding in a rapidly growing area with excellent infrastructure and strong economic prospects. The property's size and location make it suitable for a wide range of commercial developments, from retail spaces to industrial facilities. Serious inquiries are encouraged.

    Property Features for 2305 Service Rd

    General Information

    Property type
    Land

    HighLights

    • $399,000 asking price.
    • Ground lease considered.
    • Commercially zoned.
    • Near Southland Casino.
    • Convenient to I‑40 and Downtown Memphis.
    • Lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.1561409
    Latitude
    35.1570021

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land Near Southland Casino
    Where is this land located?
    The property is located at 2305 Service Rd West Memphis, AR.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; Ground lease considered.; Commercially zoned.
    Request Owner's contact information
    2305 Service Rd West Memphis, AR 72301
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    West Memphis, AR 72301
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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
    2305 Service Rd West Memphis, AR 72301
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