510 Jackson AveWest Memphis, AR 72301

  • Other commercial real estate
  • 0.69 AC
For Sale
$380,000 View listing

Property Details for 510 Jackson Ave

Lot size
0.69 AC
Property type
Other commercial real estate
APN
383171100000
APU
383171100000

Description

This exceptional commercial property, located at 510 E Jackson Ave in West Memphis, Arkansas, presents a compelling investment opportunity. The 1.28-square-foot lot houses a well-maintained office building, currently configured as flexible warehouse/office space. While the precise square footage of the building is not currently available, the property is in excellent condition and ready for immediate occupancy. Its prime location offers significant potential for growth and profitability. The building's adaptable layout makes it suitable for a variety of small businesses or investors seeking a strong foothold in a thriving market. The asking price is $380,000, representing a significant value proposition given the property's condition, location, and potential for future appreciation. This is an ideal opportunity for entrepreneurs and investors alike to acquire a strategically positioned commercial asset in West Memphis, Arkansas, zip code 72301. The property is situated at latitude 35.1395969 and longitude -90.1789346. Serious inquiries are encouraged to explore this promising investment further. The property is zoned for commercial use.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,956,864
    Hospitality
    $4,540,460
    Educational
    $3,777,610
    Medical
    $3,907,528
    Retail
    $5,876,282
510 Jackson Ave, West Memphis, Arkansas
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Location Insight

City
West Memphis
County
Crittenden
State
Arkansas
Latitude
35.1396
Longitude
-90.1785
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN 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
2023
$468
$9,020
$550
$9,570
-
$45,100
$2,750
$47,850

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