204 Hwy 71st S, Mena, AR 71953-4638
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.