Property profile

77 Manila Ar Manila, AR 72442

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre commercial land parcel is situated at the high-traffic intersection of Highways 18 and 77 in Manila, Arkansas. Priced at $1,900,000, or $190,000 per acre, this property boasts over 2,030 feet of road frontage and experiences approximately 11,000 cars per day. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The area is experiencing rapid residential growth, further enhancing the property's investment potential. The site benefits from its proximity to major industrial players, including the $3 billion Big River Steel plant in Osceola and Nucor Steel in Blytheville, both within 25 miles. Additionally, a new 48,500 square foot state-of-the-art nursing home project is nearby. Zoned for commercial use (APN: 315-00007-100), this property presents a unique opportunity for investors and developers seeking to establish a presence in Northeast Arkansas's thriving commercial market. Whether envisioning a retail center, hospitality establishment, or mixed-use complex, this site provides the perfect foundation for realizing ambitious projects. The property is located in Mississippi County, Arkansas, zip code 72442.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

77 Manila Ar Manila, AR 72442
Manila metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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