0 Ar-22, Charleston, AR 72933
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.