2209 Hwy 71st N Mena, AR 71953-8448
This exceptional 0.38-acre commercial lot, located at 2209 Hwy 71 N in Mena, Arkansas, presents a unique investment opportunity. Situated on a highly visible stretch of Highway 71 North, this property boasts excellent accessibility and high traffic volume, making it ideal for a variety of commercial ventures. The expansive lot offers ample space for development, allowing for significant flexibility in design and construction. Its strategic location within Mena provides easy access to local amenities, residential areas, and major transportation routes. The asking price of $118,900 represents a compelling value for a property with such significant potential. This is a rare chance to acquire a prime commercial parcel in a growing Arkansas market. The property's size and location make it suitable for a wide range of uses, from retail establishments and restaurants to office spaces and light industrial facilities. Prospective buyers are encouraged to conduct their own due diligence to determine the optimal use for this versatile property. The absence of existing structures allows for complete customization to meet specific business needs. This presents a blank canvas for entrepreneurs and developers seeking to establish a strong presence in the Mena area. The property's highway frontage ensures maximum visibility and accessibility, attracting a large customer base. Don't miss this opportunity to secure a valuable piece of Mena's commercial landscape. Serious inquiries are welcome.
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.