Property profile

253 Hwy 70th E Glenwood, AR 71943

OFF-MARKET
Strip malls
Property ID
US05-1893835
7,500 SF 1 ac lot Built 1997
Entity Owned Free & Clear
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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

Location

253 Hwy 70th E Glenwood, AR 71943-8801
Glenwood metro Census 953300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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