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    FOR SALE
    Office buildings

    246 Hempstead 211, Emmet, AR 71835

    3,200 SF 0.57 ac lot Built 2005
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US05-1569316
    Property summary
    AI-generated overview

    This exceptional 0.57-acre parcel of land presents a unique investment opportunity in the desirable town of Emmet, Arkansas. Located at 246 Hempstead 211, this property offers significant potential for various development projects. The expansive 0.57-acre lot provides ample space for a range of uses, making it an attractive option for both residential and commercial ventures. Its location within Emmet offers access to local amenities and services, while also providing a tranquil setting. The property's size and versatility make it an ideal canvas for creative development plans. Buyers are encouraged to explore the possibilities this land offers, from building a custom home to establishing a small business. The asking price of $199,996 reflects the significant value and potential of this prime Emmet, AR property. Given the limited availability of land in this area, this represents a rare chance to acquire a substantial parcel ready for development. Serious inquiries are welcome. The property is classified as "Other" in terms of property type, allowing for a wide range of potential uses subject to local zoning regulations. Prospective buyers are advised to conduct their own due diligence regarding zoning and permitted uses. This is a remarkable opportunity to secure a piece of Emmet, AR, and shape its future.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2005
    Total area 3,200 SF
    Lot 0.57 ac (24,960 SF)
    APN 001-00828-002
    UPID US05-1569316
    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
    Construction Materials Testing Serv · 10 yrs held
    Construction Materials Testing Serv
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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