For Sale
$429,000

803 Highway 18 Lake City, AR 72437

Prime Commercial Land, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 0.45-acre commercial property located at 803 1/2 Highway 18 in Lake City, Arkansas, presents a unique investment opportunity. The property boasts a substantial 6,320 square feet of space currently utilized as a mini-storage facility. The existing infrastructure includes ten original 10x20 foot storage units, all currently rented and operating under a traditional lock and key system. Further enhancing the income potential are 41 newly constructed units of varying sizes, incorporating cutting-edge Noke smart storage technology. This advanced system provides individual, keyless access to each unit via a user-friendly online platform. All rental information and management are streamlined through the LakeCitySmartStorage.com website, which seamlessly integrates with the Noke system. Active marketing campaigns are underway to secure tenants for the remaining vacant new units, promising immediate and substantial returns. The asking price for this turnkey operation is $429,000. This property is zoned for commercial use and situated in Craighead County, Arkansas, zip code 72437. The property's strategic location and established rental base make it an ideal investment for those seeking a profitable and low-maintenance venture in a growing market. This is a rare opportunity to acquire a well-established and technologically advanced mini-storage facility with significant upside potential.

Property Details for 803 Highway 18

Property type
Specialty properties, Land
Square Feet
6,320 SF
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Lake City
County
Craighead
State
Arkansas
Latitude
35.8198163
Longitude
-90.4358854
803 Highway 18, Lake City, Arkansas

FAQs

What type of property is this?
Specialty property - Prime Commercial Land, High ROI Potential
Where is the specialty property located?
The property is located at 803 Highway 18 Lake City, AR.
What is the asking price?
The asking price for this property is $429,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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803 Highway 18
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