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    2004 Service Rd West Memphis, AR 72301

    For Sale
    $799,000

    0.85-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.85-acre commercial land parcel is strategically located at 2004 East N Service Rd, West Memphis, AR 72301, in Crittenden County. Priced at $799,000, this property presents a compelling investment opportunity. The land is zoned for commercial use, offering significant flexibility for development. Its proximity to Southland Casino and convenient access to I-40 and Downtown Memphis provide unparalleled visibility and accessibility. This prime location ensures high traffic volume and strong potential for a variety of commercial ventures. The property's size allows for substantial development, catering to a wide range of business needs. A ground lease option is also available for consideration, providing additional flexibility for potential buyers or tenants. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area with excellent growth potential. The property's latitude and longitude coordinates are 35.146202 and -90.1255654 respectively. Serious inquiries are encouraged.

    Property Features for 2004 Service Rd

    General Information

    Property type
    Land
    Lot Size
    37,026 SF

    HighLights

    • $799,000 asking price.
    • Ground lease option available.
    • Commercially zoned.
    • Excellent location near Southland Casino.
    • Convenient access to I‑40 and Downtown Memphis.
    • Leasing opportunities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.1255654
    Latitude
    35.146202

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    FAQs

    What type of property is this?
    Land - 0.85-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 2004 Service Rd West Memphis, AR.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: $799,000 asking price.; Ground lease option available.; Commercially zoned.
    Request Owner's contact information
    2004 Service Rd 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
    2004 Service Rd West Memphis, AR 72301
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