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    FOR SALE
    Warehouses

    311 Whitehead Dr, Magnolia, AR 71753

    5,000 SF 8.31 ac lot
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-2162578
    Property summary
    AI-generated overview

    This exceptional 8.31-acre property at 311 Whitehead Drive in Magnolia, Arkansas, presents a unique investment opportunity. The main structure is a 50x100 foot welding shop featuring six tall roll-up doors, providing excellent access and functionality. In addition to the expansive shop floor, the property includes a dedicated office space, perfect for administrative tasks or client meetings. Further enhancing storage capabilities, a loft area offers substantial overhead storage. The property's location is highly advantageous, situated on the corner of Whitehead Drive and South Jackson, ensuring high visibility and easy accessibility. The substantial lot size offers significant potential for expansion or future development. The asking price for this versatile property is $229,000. The square footage of the building is not currently specified. The property's zoning and potential uses should be verified independently with the relevant authorities. This property is well-suited for a variety of businesses, from industrial uses to light manufacturing, and presents a compelling opportunity for entrepreneurs and investors alike. The combination of a well-equipped shop, office space, and expansive land makes this a truly remarkable offering.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Total area 5,000 SF
    Lot 8.31 ac (361,984 SF)
    APN 01-00783-00001
    UPID US05-2162578
    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
    Current use
    Occupant on record · Public records
    • Sewell Home Decor Store Department Store
    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
    Ronald A May · 1 yrs held
    Ronald A May
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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