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    Investment properties

    289 Highway 375, Mena, AR 71953

    18.77 ac lot Built 1998
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Year built 1998
    Lot 18.77 ac (817,621 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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