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    2222 Broadway Blvd West Memphis, AR 72301

    Sponsored
    For Sale
    $250,000

    0.47-acre lot, $250,000 asking price.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.47-acre commercial land parcel is strategically located at 2222 E Broadway Blvd in West Memphis, Arkansas, zip code 72301. Offered at $250,000, this hard corner lot presents a unique investment opportunity. The property is zoned DTMU-2, providing flexibility for a variety of commercial developments. Its prime location offers convenient access to both Downtown Memphis and the Southland Casino, capitalizing on the significant foot traffic and economic activity in the area. West Memphis, the largest city in Crittenden County, is a key part of the Memphis metropolitan area, benefiting from its robust regional economy. Furthermore, the recent revitalization of public transportation in West Memphis, with the introduction of the Ready! by Mata transit system, enhances accessibility and connectivity. The city's leadership is actively pursuing ambitious development plans, making this a particularly promising time to invest in West Memphis real estate. This property represents a rare chance to acquire a well-situated commercial lot with significant growth potential in a thriving urban area. The property's latitude and longitude coordinates are 35.1465121 and -90.1800368 respectively.

    Property Features for 2222 Broadway Blvd

    General Information

    Property type
    Land
    Lot Size
    20,473 SF

    HighLights

    • $250,000 asking price.
    • Corner lot.
    • DTMU‑2 zoning.
    • Near Downtown Memphis and Southland Casino.
    • Located in West Memphis, AR, part of the Memphis metro area.
    • Improved public transportation via West Memphis Area Transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.1800368
    Latitude
    35.1465121

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    FAQs

    What type of property is this?
    Land - 0.47-acre lot, $250,000 asking price.
    Where is this land located?
    The property is located at 2222 Broadway Blvd West Memphis, AR.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; Corner lot.; DTMU-2 zoning.
    Request Owner's contact information
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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
    2222 Broadway Blvd West Memphis, AR 72301
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