213 Drew Ave Monette, AR 72447
For Sale
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This exceptional investment opportunity presents two adjacent commercial buildings totaling 3,510 square feet, located at 213 and 215 Drew Street in Monette, Arkansas, zip code 72447. Situated in Craighead County, this property offers significant potential for redevelopment or repurposing. The buildings are being sold "as is," presenting a unique chance for buyers to envision and implement their own plans. The combined lot size is substantial, providing ample space for various commercial ventures. The property's location in Monette, Arkansas, offers access to local amenities and a growing community. With a list price of $29,900, this represents a compelling entry point into the Arkansas commercial real estate market. The property is classified as special purpose land and is ideal for entrepreneurs seeking a blank canvas to create a thriving business. The buildings have never been occupied by the owner, offering a clean slate for future development. This is a rare opportunity to acquire a significant commercial property at an attractive price point in a desirable location. The latitude and longitude coordinates are 35.8903042 and -90.3433614 respectively. Serious inquiries are encouraged.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.