Property profile

1168 Hwy 71st S Mena, AR 71953

OFF-MARKET
Office buildings
Property ID
US05-1821503
2,240 SF 0.32 ac lot Built 1975
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction FRAME
Total area 2,240 SF
Lot 0.32 ac (13,896 SF)
APN 6000-01975-0000
UPID US05-1821503

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1168 Hwy 71st S Mena, AR 71953-3908
Mena metro Census 950400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2026
3 recorded transactions
2026
$225,000
2015
$135,000
2006
$135,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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