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    Specialty properties

    1 State Highway 18, Manila, AR 72442

    1.01 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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