Property profile

0 Ar-22 Charleston, AR 72933

OFF-MARKET
Office Spaces
2,502 SF 1 ac lot Built 1993
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a vacant, 2,502 square foot office building situated on a one-acre lot in Charleston, Arkansas. Located conveniently on Highway 22, the property boasts a C-1 zoning designation, offering considerable flexibility for future development. The single-story building, constructed in 1993, presents a blank canvas for adaptive reuse or complete renovation. The asking price is $89,000, translating to $35.57 per square foot. This represents a compelling investment for owner-users seeking a prime location in a growing market. The property's vacant status allows for immediate customization to suit specific business needs. With its ample space and strategic highway frontage, this property is ideally suited for a variety of commercial ventures. The existing structure provides a solid foundation for a range of redevelopment projects, from modern office spaces to retail establishments or other mixed-use developments. This is a rare chance to acquire a substantial commercial property in a desirable Arkansas location at an attractive price point. The one-acre lot offers ample room for expansion or additional development. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Year built 1993
Total area 2,502 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ar-22 Charleston, AR 72933
Charleston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Ar-22?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message