2915 Market StPine Bluff, AR 71601

Property Details for 2915 Market St

Year built

1999

Lot size

3.34 AC

Property size (Sq ft)

28,160 SF

Property type

Outlet malls

APN

930-05768-000

APU

93005768000

Description

This exceptional commercial property in Pine Bluff, Arkansas, presents a unique investment opportunity. Situated on a substantial 3.34-acre lot, this special-purpose land boasts a significant 28,160 square feet of existing building space. The building features a versatile layout ideal for a variety of commercial uses. Key features include three private offices, a central office, and 1.5 bathrooms. Logistics are simplified with a loading ramp accommodating 18-wheelers, box trucks, and standard vehicles, complemented by two overhead doors. The property also includes a heated and cooled storage room, free-standing walls for adaptable space division, a breakroom, and five HVAC units ensuring climate control throughout. The property's location is easily accessible, conveniently situated off I-530 S and US-63 N/US-65 BUS/US-79 N, offering excellent visibility and convenient access for both employees and customers. This property is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a well-equipped and strategically located space in Pine Bluff. The asking price is $579,000. The address is 2915 Market, Pine Bluff, AR 71601.

• CAP approach

  CAP return

  Valuation

  6%

  $6,737,234

  6.5%

  $6,218,986

  7%

  $5,774,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,075,998

  Geo Method

  $5,075,998

• Alternative Use

  Use

  Valuation

  Residential

  $5,245,947

  Hospitality

  $4,805,260

  Educational

  $3,997,919

  Medical

  $4,135,414

  Retail

  $6,218,986

Location Insight

City

Pine Bluff

County

Jefferson

State

Arkansas

Latitude

34.2138

Longitude

-91.9693

CBSA code

38220

CBSA name

PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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