Property profile

503 E Harding St Morrilton, AR 72110

FOR SALE
Warehouses
Property ID
US05-1478831
9,000 SF 1.01 ac lot Built 1970
Individually Owned 17-yr Hold ~ Est. High Equity
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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

Location

503 E Harding St Morrilton, AR 72110
Morrilton metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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