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    OFF-MARKET
    Office buildings

    306 Main St 308, Crossett, AR 71635-2928

    4,289 SF 0.1 ac lot Built 1961
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US05-1202949
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 306 Main St in Crossett, Arkansas, presents a unique investment opportunity. Situated on a conveniently sized 0.1-acre lot, this property offers significant potential for redevelopment or repurposing. The existing structure, while not detailed in square footage, presents a blank canvas for a variety of commercial ventures. Its prime location on Main Street ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Crossett community. The asking price of $145,000 reflects the property's considerable potential and its strategic location within a thriving area. This is an excellent chance to acquire a piece of Crossett's commercial landscape and capitalize on its growth prospects. The property's versatility allows for a wide range of development possibilities, from retail spaces to office buildings, or even a mixed-use development. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is ready for its next chapter, and the possibilities are limitless. Don't miss this opportunity to own a piece of Crossett's Main Street.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1961
    Total area 4,289 SF
    Lot 0.1 ac (4,320 SF)
    APN 706-00378-000
    UPID US05-1202949
    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
    Bruce D Switzer · 5 yrs held
    Bruce D Switzer
    since 2021
    2 recorded transactions
    2021
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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