130 Pickens Rd Pea Ridge, AR 72751-2306
- Office buildings
- 768 SF
- 0.07 lot acres
Current Use by Public Records
- Office buildings
Property Details for 130 Pickens Rd
- Lot size
- 0.07 lot acres
- Property size
- 768 SF
- Property type
- Office buildings
- APN
- 13-00374-000
- APU
- 1300374000
Description
This 832-square-foot Class C office building in Pea Ridge, Arkansas, presents a unique investment opportunity. Located at 130 W Pickens Rd, this single-story, owner-occupied property boasts a custom design and was completely remodeled in 2018 by a local craftsman. The building sits on a 0.07-acre lot and features a single tenancy. With an asking price of $350,000 ($455.73/sq ft), it offers potential for various uses, including its current function as an office or even conversion into a tiny home. Its historic significance, having reportedly served as Pea Ridge's first restaurant, adds to its charm. The property benefits from high visibility due to its location on a road with 7,000 vehicles passing daily. Northwest Arkansas National Airport is a convenient 43-minute drive away. The property's APN is 13-00374-000. This is a single-building property in Benton County, Arkansas, zip code 72751. The property is suitable for both creative and traditional office uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $305,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $345,000
- Mixed-Use
- $280,000
- Hospitality
- $315,000
- Educational
- $320,000
- Residential Income
- $260,000
- Energy
- $280,000
- Income-Based Land
- $340,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Pea Ridge
- County
- Benton
- State
- Arkansas
- Longitude
- -94.1158
- Latitude
- 36.454
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA