400 Prt Arthur Ave, Mena, AR 71953-3350
This exceptional commercial property, located at 400 Port Arthur in Mena, Arkansas, presents a unique investment opportunity. The 0.16-acre lot offers significant potential for a variety of commercial ventures. Its strategic location within Mena provides excellent visibility and accessibility, making it an attractive site for businesses seeking a prominent presence in the community. The property's size is particularly suitable for smaller-scale commercial developments, such as a retail outlet, office space, or a specialized service business. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific business needs. Given the property's location and size, it is well-suited for entrepreneurs and investors looking to establish a new business or expand existing operations. The asking price of $179,900 represents a competitive entry point into the Mena commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm zoning regulations and development possibilities. This is a rare opportunity to acquire a well-positioned commercial lot in a growing Arkansas town. Don't miss out on this chance to secure a valuable piece of Mena's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.