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    Property profile & analytics
    OFF-MARKET
    Commercial land

    560 2nd St, Booneville, AR 72927-3910

    0.23 ac lot
    Entity Owned Free & Clear
    Property ID
    US05-0558748
    Property summary
    AI-generated overview

    This exceptional 8.5-acre industrial property in Booneville, Arkansas, presents a significant investment opportunity. The site boasts approximately 29,000 square feet of existing warehouse space, featuring a maximum ceiling height of 24.5 feet, 20-foot sidewall height, and an average column spacing of 23.5 feet. Convenient loading is ensured with overhead doors and a loading dock equipped with levelers. A pre-installed sprinkler system is ready for connection. The property also includes several additional buildings in various stages of demolition, offering potential for repurposing or redevelopment. A substantial concrete slab, exceeding 120,000 square feet, remains in place, providing ample space for expansion or new construction. This property is strategically located within a Qualified Opportunity Zone, offering potential tax advantages. Its proximity to major transportation arteries is another key benefit: it's 26 miles from the future I-49 interchange in Greenwood, 30 miles from I-40 in Ozark, and 41 miles from the Port of Fort Smith. Booneville itself is a thriving community of over 4,000 residents, supported by a diverse range of employers and amenities, including K-12 schools, a Boys & Girls Club, a municipal airport, an 18-hole golf course, Rockline Industries, a USDA Research Center, Mercy Hospital and Emergency Room, a Walmart Supercenter, Tractor Supply Co., Dollar Tree, and numerous chain and local restaurants. This property offers a unique blend of existing infrastructure and expansion potential in a growing community. The asking price is $575,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.23 ac (10,019 SF)
    APN 800-00405-006
    UPID US05-0558748
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    TONEY WALTER L LIVING TRUST
    TONEY WALTER L LIVING TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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