1 State Highway 18, Manila, AR 72442
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.