621 Jackson, Magnolia, AR 71753-3631
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.