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Property profile & analytics
FOR SALE
Medical Office Space

701 S Morrow St Mena, AR 71953

1,920 SF 0.32 ac lot Built 2011
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US05-1929553
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving Mena, Arkansas market. Located at 701 Morrow, this 0.32-acre lot offers significant potential for a variety of commercial ventures. The property's address provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic or convenient access for customers. The expansive 0.32-acre lot provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. The asking price of $847,000 reflects the property's prime location and development potential within the Mena commercial landscape. This is a rare chance to acquire a substantial piece of land in a growing area, offering a strong return on investment for the discerning buyer. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use, and further details regarding zoning regulations and permitted uses are readily available upon request. This is a blank canvas for your next commercial endeavor. Don't miss this chance to secure a prime location in Mena, AR.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Construction FRAME
Total area 1,920 SF
Lot 0.32 ac (13,852 SF)
APN 6000-02287-0010
UPID US05-1929553
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
Kervin Putman · 16 yrs held
Kervin Putman
since 2010
4 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
2010
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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