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    OFF-MARKET
    Retail space

    616 Hwy 365, Mayflower, AR 72106-9630

    2,280 SF 0.65 ac lot Built 1993
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US05-0144491
    Property summary
    AI-generated overview

    This exceptional 0.65-acre commercial property, located at 616 Highway 365 in Mayflower, Arkansas, presents a unique investment opportunity. Situated on a highly visible stretch of Highway 365, this lot offers unparalleled exposure to a significant volume of daily traffic, making it ideal for a variety of commercial ventures. The expansive 0.65-acre parcel provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. The property's strategic location within the thriving community of Mayflower ensures easy access to local amenities, a strong workforce, and a growing customer base. This prime commercial land is ready for immediate development, offering a blank canvas for entrepreneurs and investors seeking a high-impact location. The asking price of $1,800,000 reflects the exceptional value and potential of this property. Its prominent highway frontage guarantees high visibility and accessibility, making it an attractive proposition for businesses seeking maximum exposure. The size of the lot allows for substantial building plans, accommodating a wide range of commercial uses. Don't miss this chance to secure a piece of prime commercial real estate in a rapidly developing area. This property is poised for significant return on investment, offering a compelling opportunity for long-term growth and profitability. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1993
    Total area 2,280 SF
    Lot 0.65 ac (28,314 SF)
    APN 760-01220-001
    UPID US05-0144491
    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
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mfp Realty LLC · 4 yrs held
    Mfp Realty LLC
    since 2021
    7 recorded transactions
    2021
    $275,000
    2020
    2020
    2020
    2019
    2019
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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