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201 Bay Dr Bay, AR 72411-9482

OFF-MARKET Medical Office Space Google Maps
1,248 SF 0.5 ac lot
Individually Owned 10-yr Hold ~ Est. High Equity
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US05-2179548

Property summary

AI-generated overview

This exceptional commercial property, located at 201 Bay in Bay, Arkansas, presents a unique investment opportunity. Situated on a desirable half-acre lot, this general commercial property offers significant potential for a wide range of business ventures. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for customers. The generous 0.5-acre lot provides ample space for building expansion, outdoor operations, or ample parking. The asking price of $189,900 represents a compelling value for a property of this size and location in Bay, Arkansas. While the square footage is currently unavailable, the substantial lot size allows for considerable flexibility in development and design. This property is perfect for entrepreneurs seeking a strategic location to establish or expand their business. Its prime location and versatile nature make it an attractive option for a variety of commercial uses, from retail to office space, or even a mixed-use development. The opportunity to acquire a property of this caliber in a thriving Arkansas community is rare and should not be missed. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. Further details regarding zoning and permitted uses are readily available upon request.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 1,248 SF
Lot 0.5 ac (21,780 SF)
APN 10-135213-00710
UPID US05-2179548

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2015
1 recorded transaction
2015
$22,500

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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