720 Highway 71 Mansfield, AR 72944
- Outlet malls
- 11,918 SF
- 2.24 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 720 Highway 71
- Year built
- 2015
- Lot size
- 2.24 lot acres
- Property size
- 11,918 SF
- Property type
- Outlet malls
- APN
- 69807-0000-03272-05
- APU
- 6980700000327205
Description
This 12,000 square foot Class B retail building, located at 720 Hwy 71 in Mansfield, Arkansas (APN 69807-0000-03272-05), is available for $349,500. Currently vacant, this single-story building sits on a 2.2-acre lot and offers excellent visibility. Previously occupied by Dollar Tree and Family Dollar, the property is ideally suited for continued retail use or repurposing for storage or warehousing. The building's spacious layout and convenient highway location present a significant value-add opportunity for owner-users. Its prior use as a grocery store suggests strong potential for similar ventures. The property is in Mansfield, Sebastian County, Arkansas, zip code 72944. This is a prime opportunity to acquire a large retail space in a growing market. The building has been newly renovated. The property is classified as an owner/user investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $895,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,010,000
- 6.5%
- $1,000,000
- 7%
- $1,050,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,075,000
- Geo Method
- $1,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,140,000
- Retail
- $1,060,000
- Mixed-Use
- $1,045,000
- Hospitality
- $965,000
- Educational
- $1,155,000
- Residential Income
- $925,000
- Energy
- $875,000
- Income-Based Land
- $920,000
- Food Service
- $1,040,000
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.2528
- Latitude
- 35.0662
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
