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Property profile & analytics
OFF-MARKET
Retail space

2209 Hwy 71st N Mena, AR 71953-8448

1,904 SF 0.38 ac lot Built 1975
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US05-2074373
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 1,904 SF
Lot 0.38 ac (16,553 SF)
APN 6000-03104-1260
UPID US05-2074373
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
Southland Capital Realty Group LLC · 18 yrs held
Southland Capital Realty Group LLC
since 2007
1 recorded transaction
2007
$44,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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