701 S Morrow St Mena, AR 71953
For Sale
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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.
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.