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Property profile & analytics

106 Elk Dr Mena, AR 71953

  • Commercial real estate
  • 4.30 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 106 Elk Dr

Year built
1980
Lot size
4.30 lot acres
Property type
Commercial real estate

Description

This exceptional 4.3-acre lot presents a unique opportunity for development in the desirable Mena, Arkansas area. Located at 106 Elk Drive, this expansive parcel offers significant potential for a variety of uses, from residential construction to commercial ventures. The property's generous size provides ample space for building a substantial structure, while still allowing for landscaping and outdoor amenities. Its location within Mena offers convenient access to local amenities, including shopping, dining, and recreational facilities. The absence of existing structures on the land allows for complete design freedom, enabling the creation of a custom-built property tailored to specific needs and preferences. This is a rare chance to acquire a sizable piece of land in a growing community, offering both privacy and proximity to urban conveniences. The asking price of $295,000 represents a compelling investment opportunity in a market with strong potential for appreciation. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for [Information not provided, therefore cannot be included]. Utilities are [Information not provided, therefore cannot be included]. Buyers are responsible for conducting their own due diligence regarding zoning, utilities, and other relevant factors. This is a truly remarkable opportunity to secure a significant piece of land in a thriving Arkansas community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Mena
County
Polk
State
Arkansas
Longitude
-94.2181
Latitude
34.5619
More about this property
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