106 1St StWabbaseka, AR 72175

Property Details for 106 1St St

Year built

2018

Lot size

0.30 AC

Property size (Sq ft)

3,275 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

960-04807-000

APU

96004807000

Description

This exceptional business opportunity presents a unique chance to acquire a strategically located property in the thriving town of Wabbaseka, Arkansas. Situated on a sizable 0.32-acre lot at 106 1st Street, Unit Yes, this property offers significant potential for a variety of commercial ventures. The asking price is $450,000, reflecting the prime location and development possibilities. The property's address ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The substantial lot size provides ample space for expansion, allowing for future growth and adaptation to evolving business needs. This presents a rare opportunity to establish a successful enterprise in a dynamic and up-and-coming area. The property's location within Wabbaseka offers access to a growing community and a supportive local economy. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property and its significant upside. Detailed information regarding zoning and permitted uses is readily available upon request. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing market. Act quickly, as opportunities like this are seldom available.

• CAP approach

  CAP return

  Valuation

  6%

  $765,220

  6.5%

  $706,357

  7%

  $655,903

• Comparable approach

  Method

  Valuation

  Relative Method

  $643,404

  Geo Method

  $643,404

• Alternative Use

  Use

  Valuation

  Residential

  $595,839

  Hospitality

  $545,785

  Educational

  $454,087

  Medical

  $469,704

  Retail

  $706,357

Location Insight

City

Wabbaseka

County

Jefferson

State

Arkansas

Latitude

34.3609

Longitude

-91.7967

CBSA code

38220

CBSA name

PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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