501 Pine StWarren, AR 71671

Property Details for 501 Pine St

Lot size

3.96 AC

Property size (Sq ft)

44,616 SF

Property type

Outlet malls

APN

700-28002-000C

APU

70028002000C

Description

This exceptional single-story retail center in Bradley County, Arkansas, presents a significant investment opportunity. Located at 501 W. Pine Street in Warren, this property boasts a total of two suites, with a substantial 18,432 square feet currently vacant. The center benefits from a strong anchor tenant, a DG Market, a Dollar General concept store offering fresh produce, refrigerated and dairy products, meats, and name-brand essentials. This demonstrates the viability and demand within the immediate trade area. The Warren, AR economy is robust, driven by manufacturing, healthcare, and the food service sectors. The presence of major employers like PotlatchDeltic, a leading timberland owner and lumber manufacturer, contributes to a stable and growing local economy. Furthermore, the success of a nearby Supervalu store, ranking among the top 15% nationally, underscores the area's retail potential. This property offers high visibility and accessibility, making it ideal for a variety of retail uses. The substantial vacant space provides an excellent opportunity for expansion or the establishment of a new business within a thriving community. The property's strategic location and strong anchor tenant make it a compelling investment prospect. This is a rare chance to acquire a significant retail space in a growing market. The property is situated in a well-established retail area with convenient access to major transportation routes. The single-story design offers efficient layout and operational ease.

• CAP approach

  CAP return

  Valuation

  6%

  $10,423,782

  6.5%

  $9,621,953

  7%

  $8,934,670

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,042,284

  Geo Method

  $8,042,284

• Alternative Use

  Use

  Valuation

  Residential

  $8,116,477

  Hospitality

  $7,434,650

  Educational

  $6,185,541

  Medical

  $6,398,271

  Retail

  $9,621,953

Location Insight

City

Warren

County

Bradley

State

Arkansas

Latitude

33.6166

Longitude

-92.0722

Property Tax & Assessments

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