2687 State Highway 77 S Marion, AR 72364
- Auto shops
- 1,600 SF
- 2.07 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2687 State Highway 77 S
- Year built
- 2000
- Lot size
- 2.07 lot acres
- Property size
- 1,600 SF
- Property type
- Auto shops
- APN
- 236170710000
- APU
- 236170710000
Description
This exceptional 2.07-acre parcel of land, located at 2687 State Highway 77 S in Marion, Arkansas, presents a unique investment opportunity. Priced at $650,000, this property offers significant potential for various commercial developments. Its strategic location along State Highway 77 S provides excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. The expansive acreage allows for ample space to construct a substantial building or complex, catering to a wide range of commercial uses. The property's zoning and permitted uses should be independently verified to ensure compatibility with your specific development plans. Given its size and prime location, this land is well-suited for a variety of commercial ventures, from retail establishments and restaurants to light industrial facilities or office spaces. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their intended purpose. This is a rare opportunity to acquire a significant land holding in a growing area with strong potential for future appreciation. The property's size and location make it a compelling investment for developers and entrepreneurs seeking a strategic foothold in the Marion market. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed and should be independently verified.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $285,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $290,000
- Mixed-Use
- $280,000
- Hospitality
- $290,000
- Educational
- $265,000
- Residential Income
- $305,000
- Energy
- $315,000
- Income-Based Land
- $305,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Crittenden
- State
- Arkansas
- Longitude
- -90.1916
- Latitude
- 35.2028
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA