150 Highway 463 Trumann, AR 72472
- Office Properties & Spaces
- 2,940 SF
- 0.10 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 150 Highway 463
- Year built
- 1960
- Lot size
- 0.10 lot acres
- Property size
- 2,940 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a well-maintained, 2,940 square foot office strip center situated on a 0.1-acre lot at 150 Highway 463 in Trumann, Arkansas. Boasting prime highway frontage and exceptional visibility, this property offers three versatile commercial units, one of which is currently leased, generating immediate rental income. The center's strategic location in the heart of Trumann ensures high traffic and strong tenant demand. Adding to its appeal is a charming, self-contained one-bedroom, one-bathroom apartment, perfect for a live/work arrangement or as an additional rental unit, further enhancing the property's income potential. The building is in excellent condition and requires minimal upkeep. The asking price of $159,900 represents a compelling value for investors seeking a stable, income-producing asset in a thriving community. This property is ideal for those looking for a diversified investment portfolio with both commercial and residential income streams. The combination of established tenancy, high visibility, and a desirable location makes this a truly unique opportunity not to be missed. The property's strong fundamentals and potential for future growth make it an attractive prospect for long-term investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trumann
- County
- Poinsett
- State
- Arkansas
- Longitude
- -90.5159
- Latitude
- 35.6701