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    OFF-MARKET
    Individual retail properties

    621 Jackson, Magnolia, AR 71753-3631

    1,500 SF 0.31 ac lot Built 1980
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US05-2162588
    Property summary
    AI-generated overview

    This exceptional 1,500 square foot office building presents a unique investment opportunity in the heart of Magnolia, Arkansas. Located at 621 South Jackson, this property sits on a 0.31-acre lot and offers significant potential for redevelopment. Previously used as a laundromat, the building's central location provides easy access to the vibrant Magnolia square, a variety of shopping options, and numerous restaurants, all within comfortable walking distance. The asking price is $44,000, making this an attractive proposition for buyers seeking a versatile commercial space in a thriving Arkansas community. The building's existing structure provides a solid foundation for a range of potential uses, allowing for customization to meet specific business needs. Its convenient location and ample space make it ideal for a variety of commercial ventures. The property's address is 621 South Jackson, Magnolia, AR 71753. This is a chance to acquire a well-situated property with significant upside potential in a desirable location. The property's size and location offer a compelling combination for entrepreneurs and investors alike. The 0.31-acre lot provides ample space for potential expansion or outdoor amenities. This is a rare opportunity to own a commercial property in a prime location at an attractive price point.

    Property profile
    Verified
    Property type Individual retail properties
    Use group LAUNDROMAT (SELF-SERVICE)
    Year built 1980
    Total area 1,500 SF
    Lot 0.31 ac (13,504 SF)
    APN 01-01702-00001
    UPID US05-2162588
    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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    by Request
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    Owner & transaction history
    Michael Joe · 1 yrs held
    Michael Joe
    since 2025
    Last sale
    $44,000
    3 recorded transactions
    2025
    $44,000
    2023
    $50,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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