110 Modesto Ave Russellville, AR 72801
- Office buildings
- 5,850 SF
- 0.61 lot acres
Current Use by Public Records
- Mr. Plastic - Russellville / Plastic Products Supplier / Plastic Products Wholesaler
Property Details for 110 Modesto Ave
- Year built
- 1985
- Lot size
- 0.61 lot acres
- Property size
- 5,850 SF
- Property type
- Office buildings
- APN
- 853-00036-000C
- APU
- 85300036000C
Description
This exceptional mixed-use property in Russellville, Arkansas, presents a unique investment opportunity. Located at 110 W Modesto Ave, this 5,800 square foot building offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The property boasts 2,000 square feet of adaptable office space, perfect for creative professionals or startups. The remaining 3,800 square feet comprises a spacious warehouse area, featuring three 14-foot high doors for easy access and loading. Additional mezzanine storage maximizes vertical space, providing ample room for inventory or equipment. A fully fenced lay-down yard enhances the property's functionality, offering secure outdoor storage for equipment or materials. The convenient location just off Highway 64 and minutes from Interstate 40 ensures excellent accessibility and visibility. This property is also available for lease at $3,500 per month, providing multiple income streams for investors. The property is situated in Pope County, Arkansas, with the zip code 72801. This is a single-unit building offering a complete and efficient workspace solution. The asking price for this prime commercial real estate is $410,000. Don't miss this chance to acquire a high-value, versatile property in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $300,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $295,000
- Mixed-Use
- $245,000
- Hospitality
- $245,000
- Educational
- $285,000
- Residential Income
- $305,000
- Energy
- $295,000
- Income-Based Land
- $260,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Russellville
- County
- Pope
- State
- Arkansas
- Longitude
- -93.1676
- Latitude
- 35.2899
- CBSA code
- 40780
- CBSA name
- RUSSELLVILLE, AR MICROPOLITAN STATISTICAL AREA
