289 Highway 375, Mena, AR 71953
This exceptional 18.77-acre commercial property presents a significant investment opportunity in Mena, Arkansas. Located at 289 Hwy 375 East, this expansive parcel offers unparalleled potential for a wide range of business ventures. The substantial acreage provides ample space for development, allowing for flexibility in design and scale. Its strategic highway frontage ensures high visibility and accessibility, making it an ideal location for businesses seeking maximum exposure to a significant traffic volume. The property's size and location in Mena, a growing community, suggest strong potential for future appreciation. This is a rare opportunity to acquire a large, strategically located commercial parcel in a desirable market. The absence of existing structures allows for complete customization to suit specific business needs, eliminating the costs and limitations associated with renovating or repurposing existing buildings. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended use. The property's size and location make it suitable for a variety of commercial uses, from retail and hospitality to industrial and logistics. Serious inquiries are welcome. The asking price of $750,000 reflects the significant value and potential of this exceptional property. Don't miss this chance to secure a prime piece of Mena real estate.
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.