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    Property profile & analytics
    OFF-MARKET
    Retail space

    423 Main St, Leslie, AR 72645-8910

    2,476 SF
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US05-2051109
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 423 Main Street in Leslie, Arkansas, presents a unique investment opportunity. The 0.11-acre lot offers significant potential for a variety of commercial ventures. Its strategic location on Main Street provides excellent visibility and accessibility, ensuring high traffic exposure for any business established on the site. The property is currently vacant, providing a blank canvas for development tailored to specific business needs. The asking price of $150,000 represents a compelling entry point into the Leslie commercial real estate market. Given the limited availability of commercial land in this area, this property is expected to attract considerable interest from developers and entrepreneurs seeking a prime location to establish their business. The absence of existing structures allows for complete design flexibility, enabling the construction of a building that perfectly aligns with the intended use. This presents a rare chance to acquire a well-positioned lot with the potential for substantial return on investment. The property's size makes it suitable for a range of commercial projects, from small retail spaces to larger-scale developments. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and development regulations are readily available upon request.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,476 SF
    APN 800-00043-000
    UPID US05-2051109
    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
    SMITH DAVID & MARIA TRUST (CO-TRUSTEES) SMITH DAVI · 2 yrs held
    SMITH DAVID & MARIA TRUST (CO-TRUSTEES) SMITH DAVI
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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