3101 Market St Pine Bluff, AR 71601
- Turn key restaurants
- 1,851 SF
- 0.87 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3101 Market St
- Year built
- 2006
- Lot size
- 0.87 lot acres
- Property size
- 1,851 SF
- Property type
- Turn key restaurants
- APN
- 930-52677-000
- APU
- 93052677000
Description
This 2,100 square foot vacant restaurant property in Pine Bluff, Arkansas, presents a remarkable investment opportunity. Located at 3101 Market Street, 71601, this property boasts a highly desirable location near the new Saracen Casino Resort, Pines Mall, hotels, offices, residential areas, and public schools. Its strategic position on a corner lot at the signalized intersection of Martha Mitchell Freeway (US Hwy 65B) and Market Street, ensures high visibility and accessibility. The property is zoned B-3 - Highway Commercial, offering flexibility for various uses including restaurants, entertainment venues, quick-service restaurants (QSRs), medical facilities, retail spaces, or offices. The sale includes existing fixtures, fittings, and equipment (FF&E), which comprises a walk-in refrigerator/freezer and a dining package suitable for 60 people. This turnkey opportunity is priced at $449,000, with a price per square foot of $213.81. The property's prime location and versatile zoning make it an ideal investment for entrepreneurs seeking a thriving business environment in a rapidly developing area. Don't miss this chance to own a piece of Pine Bluff's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $170,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $180,000
- Mixed-Use
- $185,000
- Hospitality
- $145,000
- Educational
- $190,000
- Residential Income
- $150,000
- Energy
- $195,000
- Income-Based Land
- $190,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Pine Bluff
- County
- Jefferson
- State
- Arkansas
- Longitude
- -91.9668
- Latitude
- 34.2134
- CBSA code
- 38220
- CBSA name
- PINE BLUFF, AR METROPOLITAN STATISTICAL AREA