Current Use by Public Records
- Razorvision Inc / Telecommunications Service
- Farmers Insurance / Financial Advisor
Property Details for 9123 State Highway 22
- Lot size
- 0.63 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity in Ratcliff, AR, presents a thriving mini-storage facility coupled with two versatile office/retail units. The property, encompassing approximately 0.63 acres, comprises three parcels and boasts a total of 2100 square feet of building space. All 23 mini-storage units are currently leased, generating a consistent monthly income of approximately $1100. The unit sizes vary, offering options of 5x10, 10x10, and 10x20. One office/retail unit is occupied by an established retail business, while the second is currently used for storage and previously rented for $500 per month, all utilities included. These units are conveniently separated by a large storage unit featuring a roll-up door, suitable for various uses, including a garage. The larger office/retail space includes three rooms and a full bathroom with a shower, while the smaller unit offers two rooms. This property presents a compelling blend of income-generating assets, offering significant potential for growth and return on investment. The location in Ratcliff, AR, provides easy access to local businesses and residents, ensuring consistent demand for both storage and retail space. This turnkey operation is ready for a new owner to step in and continue the success. The property is priced at $300,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ratcliff
- County
- Logan
- State
- Arkansas
- Longitude
- -93.8676
- Latitude
- 35.3016
