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Property profile & analytics
OFF-MARKET
Retail space

2011 Hwy 71st S Mena, AR 71953-3877

2,572 SF 0.64 ac lot Built 1950
Individually Owned 10-yr Hold Free & Clear
Property ID
US05-1844976
Property summary
AI-generated overview

This exceptional 0.64-acre commercial lot, located at 2011 Highway 71 South in Mena, Arkansas, presents a unique investment opportunity. The property's strategic location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Its size provides ample space for development, allowing for flexibility in design and functionality. The address, 2011 Highway 71 South, places the land in a high-traffic area, ensuring significant exposure to potential customers. This presents a compelling opportunity for businesses seeking a prominent location to establish or expand their operations. The asking price of $137,500 reflects the property's significant potential and prime location within the Mena market. Given the size and location, this lot is suitable for a range of commercial uses, from retail establishments to light industrial businesses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures allows for complete customization to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to confirm zoning regulations and permitted uses. This is a rare opportunity to acquire a well-situated commercial lot in a growing area. Don't miss out on this chance to secure a valuable piece of Mena real estate. The property is ready for immediate development, offering a streamlined path to establishing a successful business.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,572 SF
Lot 0.64 ac (27,966 SF)
APN 6000-03162-0000
UPID US05-1844976
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap 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
by Request
Owner & transaction history
George R O'daniel · 10 yrs held
George R O'daniel
since 2016
2 recorded transactions
2016
$18,000
2006
$45,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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