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Property profile & analytics
OFF-MARKET
Outlet malls

604 Ctr St Lonoke, AR 72086-2546

7,996 SF 0.44 ac lot
Entity Owned 5-yr Hold Free & Clear
Property ID
US05-0393676
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving town of Lonoke, Arkansas. Spanning two acres of land, this expansive lot at 604 Center Street offers significant potential for a variety of commercial ventures. Its strategic location provides excellent visibility and accessibility, making it an ideal site for businesses seeking high traffic exposure. The property is classified as "Other" in terms of building type, meaning it's a blank canvas ready for development according to your specific needs and vision. This presents a rare chance to build a custom structure tailored to your business requirements, maximizing efficiency and functionality. The asking price for this substantial land parcel is $535,000, reflecting its prime location and development potential within the Lonoke community. Given the size and location, this property is well-suited for a range of commercial uses, from retail establishments and restaurants to light industrial facilities or office spaces. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures allows for complete design flexibility and the creation of a truly bespoke commercial space. Don't miss this chance to secure a prominent location in a growing Arkansas town.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Total area 7,996 SF
Lot 0.44 ac (19,166 SF)
APN 780-14406-000
UPID US05-0393676
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
Jackrabbit Hardware INC · 5 yrs held
Jackrabbit Hardware INC
since 2020
Last sale
$300,000
7 recorded transactions
2020
Price N/A
2019
$12,500
2019
$300,000
1970
$8,182
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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