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    720 Highway 71 Mansfield, AR 72944

    Sponsored
    For Sale
    $349,500

    12,000 SF Grocery Store, Vacant, $349,500

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 12,000 square foot Class B retail building, located at 720 Hwy 71 in Mansfield, Arkansas (APN 69807-0000-03272-05), is available for $349,500. Currently vacant, this single-story building sits on a 2.2-acre lot and offers excellent visibility. Previously occupied by Dollar Tree and Family Dollar, the property is ideally suited for continued retail use or repurposing for storage or warehousing. The building's spacious layout and convenient highway location present a significant value-add opportunity for owner-users. Its prior use as a grocery store suggests strong potential for similar ventures. The property is in Mansfield, Sebastian County, Arkansas, zip code 72944. This is a prime opportunity to acquire a large retail space in a growing market. The building has been newly renovated. The property is classified as an owner/user investment.

    Property Features for 720 Highway 71

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,000 SF
    Class
    B
    Lot Size
    95,832 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic Retail Space
    • Significant Value‑Add Opportunity
    • Recently Renovated Interior
    • Excellent Street Visibility
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.253501976578
    Latitude
    35.066099689812

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    FAQs

    What type of property is this?
    Individual retail property - 12,000 SF Grocery Store, Vacant, $349,500
    Where is this individual retail property located?
    The property is located at 720 Highway 71 Mansfield, AR.
    What is the asking price?
    The asking price for this property is $349,500.
    What are key features of this property?
    This property features: High-traffic Retail Space; Significant Value-Add Opportunity; Recently Renovated Interior
    Request Owner's contact information
    720 Highway 71 Mansfield, AR 72944
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    Mansfield, AR 72944
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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
    720 Highway 71 Mansfield, AR 72944
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