Property profile

2004 N Service Rd West Memphis, AR 72301

FOR SALE
Auto shops
Property ID
US05-0359805
1,260 SF 0.85 ac lot Built 1965
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 0.85-acre commercial land parcel is strategically located at 2004 East N Service Rd, West Memphis, AR 72301, in Crittenden County. Priced at $799,000, this property presents a compelling investment opportunity. The land is zoned for commercial use, offering significant flexibility for development. Its proximity to Southland Casino and convenient access to I-40 and Downtown Memphis provide unparalleled visibility and accessibility. This prime location ensures high traffic volume and strong potential for a variety of commercial ventures. The property's size allows for substantial development, catering to a wide range of business needs. A ground lease option is also available for consideration, providing additional flexibility for potential buyers or tenants. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area with excellent growth potential. The property's latitude and longitude coordinates are 35.146202 and -90.1255654 respectively. Serious inquiries are encouraged.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 1,260 SF
Lot 0.85 ac (37,026 SF)
APN 391033000000
UPID US05-0359805

Cap rate & NOI

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

Location

2004 N Service Rd West Memphis, AR 72301
West Memphis metro Census 30803 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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
$190k

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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