303 Highway 70 Glenwood, AR 71943
This exceptional 3.96-acre commercial/residential property in Glenwood, Arkansas, presents a unique investment opportunity. The site features a substantial 1,984 square foot steel building, constructed on a reinforced concrete slab. Currently open on the sides, this structure offers significant flexibility. It could easily be enclosed to create a secure shop, warehouse, or storage facility, catering to a variety of business needs. The land itself has undergone extensive excavation, resulting in a nearly perfectly flat and level surface, ideal for immediate development or expansion. This prime location boasts convenient access to utilities situated at the property line facing Highway 70 West. The property's proximity to the Caddo River (less than a quarter-mile away) adds to its appeal. The existing building provides immediate usable space, while the prepared land offers ample room for future construction or expansion. An adjacent residential property at 403 Hwy 70 W is available for purchase as a package deal, presenting further potential for development or rental income. This property is "READY TO BUILD," offering a rare combination of existing infrastructure and development-ready land in a desirable location. The asking price for this exceptional opportunity is $179,900.
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.