Property profile

1 State Highway 18 Manila, AR 72442

OFF-MARKET
Specialty properties
1.01 ac lot
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Property summary

AI-generated overview

This exceptional 1.01-acre commercial lot is strategically located on State Highway 18 in Manila, Arkansas. Its prime position offers high visibility and accessibility, benefiting from significant traffic volume along this busy thoroughfare. The property is ideally suited for a variety of commercial ventures, capitalizing on the robust growth experienced in the Manila area. The location presents a unique opportunity for businesses seeking exposure to a thriving community. Furthermore, the property's proximity to major industrial players, including Nucor and Big River Steel (less than 30 miles away), provides an added advantage for businesses seeking to serve or support these operations. The lot's size allows for substantial development, and there's even the possibility of acquiring an adjacent lot to expand the footprint for larger building projects or ample parking. This presents a compelling investment opportunity for developers and entrepreneurs looking to establish a strong presence in a dynamic and expanding market. The asking price for this exceptional property is $260,000. The property is classified as Special Purpose Land and is zoned for commercial use. The address is 1 State Hwy 18, Manila, AR 72442.

Property profile

Verified
Property type Specialty properties
Lot 1.01 ac (43,996 SF)

Cap rate & NOI

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

Location

1 State Highway 18 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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