121 Nelson Ave Gentry, AR 72734-9137
- Commercial real estate
- 14,468 SF
- 0.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 121 Nelson Ave
- Lot size
- 0.48 lot acres
- Property size
- 14,468 SF
- Property type
- Commercial real estate
- APN
- 10-00416-000
- APU
- 1000416000
Description
This exceptional mixed-use property at 121 S. Nelson Ave, Gentry, AR 72734, presents a remarkable commercial opportunity. Boasting a total of 15,018 square feet, this single building offers a versatile layout ideal for a variety of businesses. The space includes a substantial warehouse area featuring high ceilings and ample floor space, perfect for storage or manufacturing. Multiple showrooms, offices, and a waiting area provide ample space for client interaction and administrative functions. The warehouse also benefits from a loading dock and five bays, facilitating efficient loading and unloading. Adding to its appeal is an attached residential apartment, approximately 1200 square feet with three bedrooms and two bathrooms, providing convenient onsite access. Recent updates include a newer roof. The property's prime location, just one block from Main Street, ensures high visibility and easy access for customers and employees. Further enhancing its practicality is an additional parking lot situated directly across the street, complete with a railroad spur. This property offers a unique blend of commercial and residential space, making it an exceptional investment opportunity in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $365,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $390,000
- Mixed-Use
- $315,000
- Hospitality
- $370,000
- Educational
- $310,000
- Residential Income
- $385,000
- Energy
- $290,000
- Income-Based Land
- $290,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Gentry
- County
- Benton
- State
- Arkansas
- Longitude
- -94.4828
- Latitude
- 36.2664
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA