1999 Highway 425Monticello, AR 71655
- Individual retail properties
- 11,698 SF
Property Details for 1999 Highway 425
- Year built
- 2022
- Lot size
- 1.66 AC
- Property size (Sq ft)
- 11,698 SF
- Property type
- Individual retail properties
- APN
- 001-07578-003
- APU
- 107578003
Description
This expansive industrial property, located at 1999 S HWY 425 in Monticello, Arkansas, presents a significant opportunity for businesses seeking ample space and strategic positioning. The building boasts a substantial 11,698 square feet of usable area, ideal for a variety of industrial or commercial applications. Situated on a lot with no acreage, the property offers convenient access to Highway 425, ensuring efficient transportation and logistics. The asking price for this substantial property is $575,000. Given its size and location, this property is well-suited for businesses requiring significant space for operations, storage, or manufacturing. The absence of additional land allows for focused development and utilization of the existing building. Interested parties are encouraged to conduct their own due diligence to assess the suitability of this property for their specific needs. The property is offered as-is. This represents a compelling investment opportunity in a growing area. Further details regarding the property's specifications and potential uses are available upon request. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,733,101
- 6.5%
- $2,522,862
- 7%
- $2,342,658
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,248,681
- Geo Method
- $2,108,630
-
Alternative Use
- Use
- Valuation
- Residential
- $2,128,129
- Hospitality
- $1,949,355
- Educational
- $1,621,840
- Medical
- $1,677,618
- Retail
- $2,522,862
Location Insight
- City
- Monticello
- County
- Drew
- State
- Arkansas
- Latitude
- 33.5546
- Longitude
- -91.8016
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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