Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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