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Property profile & analytics
FOR SALE
Turn key restaurants

213 Drew Ave Monette, AR 72447

1,750 SF
Entity Owned Absentee Owner Free & Clear
Property ID
US05-1190622
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 1,750 SF
APN 06-157331-17900
UPID US05-1190622
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
STOKES & LOFTON LLC
STOKES & LOFTON LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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