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    OFF-MARKET
    Drug stores

    204 Hwy 71st S, Mena, AR 71953-4638

    2,720 SF 0.3 ac lot Built 2000
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US05-1969578
    Property summary
    AI-generated overview

    This exceptional 0.29-acre commercial lot presents a unique investment opportunity in the thriving Mena, Arkansas market. Located at 204 Hwy 71, this property boasts a highly visible street frontage on a major thoroughfare, ensuring maximum exposure for any business venture. The expansive 0.29 acres offer ample space for development, allowing for flexibility in design and construction to suit a variety of commercial uses. The strategic location provides easy access to local amenities, residential areas, and major transportation routes, making it an ideal site for businesses seeking high visibility and convenient accessibility. The asking price of $729,000 reflects the significant potential of this prime commercial land parcel. Its prime location and substantial size make it an attractive proposition for developers, investors, and entrepreneurs looking to establish a strong presence in the Mena area. The property's versatility allows for a wide range of development possibilities, from retail spaces and restaurants to office buildings and other commercial enterprises. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land opportunity. The property is ready for immediate development, presenting a rare chance to capitalize on a highly desirable location in a growing market. Don't miss this chance to secure a prominent position on Hwy 71 in Mena, AR. Further details are available upon request.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2000
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,720 SF
    Lot 0.3 ac (12,981 SF)
    APN 6000-00524-0000
    UPID US05-1969578
    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
    Willis Ken
    Willis Ken
    since 2026
    Last sale
    $298,969
    3 recorded transactions
    2026
    $273,900
    2024
    2011
    $298,969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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