1101 4Th StNashville, AR 71852

Property Details for 1101 4Th St

Year built

1985

Lot size

0.87 AC

Property size (Sq ft)

600 SF

Property type

Banks

APN

750-00407-000C

APU

75000407000C

Description

This vacant, 600-square-foot commercial property in Nashville, Arkansas, presents a unique investment opportunity. Located at 1101 S. 4th St, this single-story building sits on a 0.87-acre lot zoned for commercial use. Its prime location offers high visibility and easy access to major routes, boasting a drive-thru capability. The property's versatility makes it suitable for various uses, including retail, office space, or quick-service restaurants. Its strategic placement across from three popular quick-service restaurants (Sonic, Chicken Express, and Taco Bell), along with a nearby Walmart Supercenter and ample additional parking, significantly enhances its appeal and potential for success. The building is currently vacant, offering immediate occupancy for a new business or redevelopment project. This property is an exceptional opportunity for developers and businesses seeking growth in a thriving area of Howard County, Arkansas, with a zip code of 71852. The asking price is $115,000.

• CAP approach

  CAP return

  Valuation

  6%

  $194,240

  6.5%

  $179,298

  7%

  $166,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $221,147

  Geo Method

  $108,153

• Alternative Use

  Use

  Valuation

  Residential

  $151,245

  Hospitality

  $138,539

  Educational

  $115,263

  Medical

  $119,227

  Retail

  $179,298

Location Insight

City

Nashville

County

Howard

State

Arkansas

Latitude

33.9333

Longitude

-93.8503

Property Tax & Assessments

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