311 Whitehead DrMagnolia, AR 71753

  • Industrial properties
  • 5,000 SF
For Sale
$229,000 View listing

Property Details for 311 Whitehead Dr

Lot size
8.31 AC
Property size (Sq ft)
5,000 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
01-00783-00001
APU
10078300001

Description

This exceptional 8.31-acre property at 311 Whitehead Drive in Magnolia, Arkansas, presents a unique investment opportunity. The main structure is a 50x100 foot welding shop featuring six tall roll-up doors, providing excellent access and functionality. In addition to the expansive shop floor, the property includes a dedicated office space, perfect for administrative tasks or client meetings. Further enhancing storage capabilities, a loft area offers substantial overhead storage. The property's location is highly advantageous, situated on the corner of Whitehead Drive and South Jackson, ensuring high visibility and easy accessibility. The substantial lot size offers significant potential for expansion or future development. The asking price for this versatile property is $229,000. The square footage of the building is not currently specified. The property's zoning and potential uses should be verified independently with the relevant authorities. This property is well-suited for a variety of businesses, from industrial uses to light manufacturing, and presents a compelling opportunity for entrepreneurs and investors alike. The combination of a well-equipped shop, office space, and expansive land makes this a truly remarkable offering.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $909,513
    Hospitality
    $833,109
    Educational
    $693,137
    Medical
    $716,975
    Retail
    $1,078,213
311 Whitehead Dr, Magnolia, Arkansas
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Location Insight

City
Magnolia
County
Columbia
State
Arkansas
Latitude
33.2556
Longitude
-93.2381
CBSA code
31620
CBSA name
MAGNOLIA, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,349
$23,167
$10,887
$34,054
-
$115,835
$54,435
$170,270

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