106 Washington StCamden, AR 71701

Property Details for 106 Washington St

Year built

1920

Lot size

0.06 AC

Property size (Sq ft)

4,544 SF

Property type

Retail space

APN

778-00039-000C

APU

77800039000C

Description

This exceptional commercial property, located at 106 Washington Unit Yes in Camden, Arkansas, presents a unique investment opportunity. Situated on a conveniently sized 0.06-acre lot, this property offers significant potential for a variety of commercial uses. The building itself is classified as "Other," providing flexibility for adaptive reuse and customization to suit specific business needs. The asking price is $280,000, representing a compelling value in the current market. The property's address, 106 Washington Unit Yes, places it within a dynamic area of Camden, offering excellent visibility and accessibility. While the square footage is currently unavailable, the 0.06-acre lot size provides ample space for development or expansion. Further due diligence is encouraged to fully assess the property's potential and to determine its suitability for your specific commercial venture. This property is being offered as-is. Interested parties are encouraged to conduct their own independent inspections and assessments to confirm all details and to satisfy themselves as to the suitability of the property for their intended use. This is a rare opportunity to acquire a well-located commercial property in Camden, Arkansas, at an attractive price point. Don't miss out on this chance to secure a valuable asset in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,061,581

  6.5%

  $979,921

  7%

  $909,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,674,823

  Geo Method

  $819,081

• Alternative Use

  Use

  Valuation

  Residential

  $826,600

  Hospitality

  $757,161

  Educational

  $629,949

  Medical

  $651,614

  Retail

  $979,921

Location Insight

City

Camden

County

Ouachita

State

Arkansas

Latitude

33.5862

Longitude

-92.8299

CBSA code

15780

CBSA name

CAMDEN, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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