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    77 Manila Ar Manila, AR 72442

    Sponsored
    For Sale
    $1,900,000

    10-Acre Commercial Tract, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre commercial land parcel is situated at the high-traffic intersection of Highways 18 and 77 in Manila, Arkansas. Priced at $1,900,000, or $190,000 per acre, this property boasts over 2,030 feet of road frontage and experiences approximately 11,000 cars per day. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The area is experiencing rapid residential growth, further enhancing the property's investment potential. The site benefits from its proximity to major industrial players, including the $3 billion Big River Steel plant in Osceola and Nucor Steel in Blytheville, both within 25 miles. Additionally, a new 48,500 square foot state-of-the-art nursing home project is nearby. Zoned for commercial use (APN: 315-00007-100), this property presents a unique opportunity for investors and developers seeking to establish a presence in Northeast Arkansas's thriving commercial market. Whether envisioning a retail center, hospitality establishment, or mixed-use complex, this site provides the perfect foundation for realizing ambitious projects. The property is located in Mississippi County, Arkansas, zip code 72442.

    Property Features for 77 Manila Ar

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 2,030 feet of road frontage.
    • Approximately 11,000 cars per day traffic count.
    • Located in a rapidly growing residential area.
    • Within 25 miles of major steel plants (Big River Steel and Nucor Steel).
    • Near a new 48,500 square foot state‑of‑the‑art nursing home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manila
    County
    Mississippi
    State
    Arkansas
    Longitude
    -90.1690098
    Latitude
    35.8657149

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    FAQs

    What type of property is this?
    Land - 10-Acre Commercial Tract, Prime Location
    Where is this land located?
    The property is located at 77 Manila Ar Manila, AR.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 2,030 feet of road frontage.; Approximately 11,000 cars per day traffic count.; Located in a rapidly growing residential area.
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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
    77 Manila Ar Manila, AR 72442
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