710 Ohio StPine Bluff, AR 71601

Property Details for 710 Ohio St

Year built

1985

Lot size

0.21 AC

Property size (Sq ft)

2,790 SF

Property type

Individual retail properties

APN

930-68868-000

APU

93068868000

Description

This exceptional 2,790-square-foot retail property, located at 710 Ohio Street in Pine Bluff, Arkansas, presents a compelling investment opportunity. Priced at $167,400 ($60 per square foot), this building boasts a versatile layout featuring three open areas, perfect for customization to suit various business needs. A convenient restroom and a functional kitchen/breakroom are included, adding to the property's practicality. The interior includes three sinks and eight workstations, providing ample space for operations. The property sits on a 0.21-acre lot and is zoned B-4, allowing for a wide range of commercial uses. Its prime location in the heart of Pine Bluff offers excellent visibility and accessibility, with the added benefit of proximity to the Saracen Casino Resort, ensuring high foot traffic and potential customer base. Currently generating a monthly rental income of $750, this property offers both immediate return and significant long-term potential. The Jefferson County address (71601) and convenient location make this an attractive option for entrepreneurs and investors alike. This is a rare opportunity to acquire a well-situated, income-producing retail space in a thriving Arkansas market.

• CAP approach

  CAP return

  Valuation

  6%

  $667,503

  6.5%

  $616,157

  7%

  $572,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $502,913

  Geo Method

  $502,913

• Alternative Use

  Use

  Valuation

  Residential

  $519,751

  Hospitality

  $476,089

  Educational

  $396,101

  Medical

  $409,723

  Retail

  $616,157

Location Insight

City

Pine Bluff

County

Jefferson

State

Arkansas

Latitude

34.2226

Longitude

-91.9898

CBSA code

38220

CBSA name

PINE BLUFF, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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