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Property profile & analytics

1168 Highway 71 Mena, AR 71953

  • Office buildings
  • 2,240 SF
  • 0.32 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US05-1821503
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 1168 Highway 71

Year built
1975
Construction
FRAME
Lot size
0.32 lot acres
Property size
2,240 SF
Property type
Office buildings
APN
6000-01975-0000
APU
6000019750000

Description

This exceptional 0.31-acre commercial lot presents a unique investment opportunity in the thriving Mena, Arkansas market. Located at 1168 Hwy 71 S, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive 0.31-acre parcel offers ample space for development, allowing for significant flexibility in design and construction. Its strategic location on Highway 71 South ensures high traffic volume and prominent exposure to potential customers. The property's size and location make it suitable for various uses, including retail establishments, restaurants, offices, or light industrial businesses. This is a rare chance to acquire a well-positioned commercial lot in a growing area with strong potential for return on investment. The asking price of $325,000 reflects the property's prime location and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures provides a blank canvas for creating a custom-designed commercial space tailored to specific business needs. This presents a significant advantage, allowing for optimal utilization of the land and the creation of a property that perfectly aligns with the buyer's vision. Don't miss this opportunity to secure a valuable piece of Mena's commercial landscape.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mena
County
Polk
State
Arkansas
Longitude
-94.2428
Latitude
34.573

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
$1,337
$5,560
$25,830
$31,390
-
$27,800
$129,150
$156,950
More about this property
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