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    OFF-MARKET
    Warehouses

    503 Harding St, Morrilton, AR 72110-2243

    9,000 SF 1.01 ac lot Built 1970
    Individually Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US05-1478831
    Property summary
    AI-generated overview

    This exceptional business opportunity presents a unique chance to acquire a substantial 1.02-acre parcel of land ideally situated at 503 Harding in Morrilton, Arkansas. The property's expansive size offers significant development potential for a wide range of commercial ventures. Its prime location within Morrilton ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. The asking price of $1,300,000 reflects the significant value and potential inherent in this property. The absence of existing structures allows for complete customization to suit the specific needs of the prospective buyer, providing a blank canvas for a tailored commercial development. This presents an unparalleled opportunity to create a bespoke business space perfectly aligned with the buyer's vision and operational requirements. Given the size of the lot and its strategic location, this property is well-suited for a variety of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. The potential for significant return on investment is substantial, making this a compelling opportunity for discerning investors and entrepreneurs alike. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic and growing market.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Total area 9,000 SF
    Lot 1.01 ac (44,213 SF)
    APN 006-00189-000-C
    UPID US05-1478831
    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
    Samuel Herod Drew · 17 yrs held
    Samuel Herod Drew
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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