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    OFF-MARKET
    Strip malls

    253 Hwy 70th E, Glenwood, AR 71943-8801

    7,500 SF 1 ac lot Built 1997
    Entity Owned Free & Clear
    Property ID
    US05-1893835
    Property summary
    AI-generated overview

    This commercial property, located at 253 HWY 70 in Glenwood, Arkansas, offers 1,500 square feet of space. Situated on a lot with no acreage specified, this "Other" type property presents a unique opportunity for a variety of commercial uses. The building is priced affordably at $21,500, making it an attractive investment for entrepreneurs and business owners seeking a foothold in the Glenwood market. The property's location on Highway 70 provides excellent visibility and accessibility for customers. Given its classification as "Other," potential buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their specific business needs and to verify zoning regulations and permitted uses. The lack of additional descriptive information necessitates a thorough on-site inspection to assess the building's condition, layout, and potential for renovation or expansion. This property is being offered as-is, and interested parties should be prepared to undertake any necessary improvements or modifications. The low price point makes this an ideal opportunity for those seeking a cost-effective entry into the commercial real estate market in Glenwood, Arkansas. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property presents.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1997
    Total area 7,500 SF
    Lot 1 ac (43,560 SF)
    APN 850-00911-000
    UPID US05-1893835
    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
    LEE SANDRA DENISE & JAMES EDWARD JR PHILS PHARMACY
    LEE SANDRA DENISE & JAMES EDWARD JR PHILS PHARMACY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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