500 Columbia St Magnolia, AR 71753
This exceptional 10,640-square-foot industrial property, located at 500 W Columbia St in Magnolia, Arkansas, presents a compelling investment opportunity. The single-story, 1953-built building sits on a 1.05-acre lot and is zoned C-3, offering versatility for various uses. Currently vacant, this flex space boasts approximately 1,033 square feet of dedicated office space, ideal for administrative functions or client meetings. The warehouse area is equipped with two overhead cranes – one 5-ton and one 2-ton – significantly enhancing operational efficiency for handling heavy materials or equipment. The property's substantial size and strategic location in Columbia County, Arkansas, make it well-suited for a range of businesses seeking a functional and adaptable workspace. The asking price is $69,900. This is a rare opportunity to acquire a well-maintained industrial building in a growing area. The property's features, including the office space and overhead cranes, provide significant value for potential buyers. The ample lot size also offers potential for future expansion or 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.