1520 Pine St Arkadelphia, AR 71923
- Retail space
- 6,089 SF
- 0.56 lot acres
Current Use by Public Records
- Retail space
Property Details for 1520 Pine St
- Year built
- 2014
- Lot size
- 0.56 lot acres
- Property size
- 6,089 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional redevelopment opportunity presents a vacant, 6,089-square-foot storefront located at 1520 Pine Street in Arkadelphia, Arkansas, 71923. The property, formerly occupied by Aaron's, is being offered at a $1 auction with no reserve. Built in 2014, this single-story building sits on a 0.56-acre lot and features convenient access to Interstate 30, boasting approximately 8,000 vehicles per day passing by. The property benefits from high visibility due to its location near national retailers such as Burger King, UPS, Brookshire's, and Subway. Zoned C-2, Highway Commercial, this property offers flexible zoning allowing for a variety of retail uses. The area boasts strong demographics, with a population of approximately 116,351 within a 10-mile radius and an average household income of $76,940. The property's strategic location near Ouachita Baptist University, Henderson State University, and Baptist Health Medical Center further enhances its potential. While a portion of the original land was acquired by the Arkansas State Highway Commission, the remaining property still offers significant value-add potential through lease-up at long-term market rates. The auction concludes February 24-26, 2025. This is a unique chance to acquire a prime retail space in a thriving Arkansas market at an incredibly low price. The property includes 26 parking spaces, with 2 designated as ADA accessible. Occupancy is vacant, with an occupancy date of October 1, 2024.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arkadelphia
- County
- Clark
- State
- Arkansas
- Longitude
- -93.0670699
- Latitude
- 34.1233663
