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    2355 Ctr St Asher, AR 72727

    Sponsored
    For Lease
    $18 SF/Yr ($18,000 /Mo)

    Versatile Office & Retail Space Available

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Discover a prime commercial property in Elkins, Arkansas, offering flexible spaces ideal for a variety of businesses. This single-story, 12,000 square foot building, constructed in 2024, sits on a 10-acre lot with frontage along Highway 16 (N Center St). The property features 18 suites, with a minimum divisible space of 600 square feet and a maximum contiguous space of 12,000 square feet. The building's design caters to diverse needs, with retail space at the front, perfect for businesses like coffee shops, gyms, or medical practices, and individual suites or small bay contractor garages at the rear. These spaces can be combined to create customized layouts. This multi-use property is zoned for retail, office, and industrial uses, including traditional office, medical office, creative office, flex space, warehouse, executive office, and distribution. Located in Washington County, this property offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location in a growing community. The property's adaptable design and various suite sizes provide options for businesses of all sizes, from small startups to established companies. This exceptional opportunity presents a chance to secure a space tailored to your specific business requirements in a thriving area.

    Property Features for 2355 Ctr St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    18000

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    4,500 SF
    Rate per SF
    $27
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Asher
    County
    Washington
    State
    Arkansas
    Longitude
    -94.036023052232
    Latitude
    36.032674828052

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    FAQs

    What type of property is this?
    Office space - Versatile Office & Retail Space Available
    Where is this office space located?
    The property is located at 2355 Ctr St Asher, AR.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    Request Owner's contact information
    2355 Ctr St Asher, AR 72727
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    Asher, AR 72727
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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
    2355 Ctr St Asher, AR 72727
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