221 2Nd StEngland, AR 72046

Property Details for 221 2Nd St

Year built

1982

Lot size

0.40 AC

Property size (Sq ft)

4,569 SF

Property type

Medical offices

Property subtype

Medical centers

APN

750-02401-000

APU

75002401000

Description

This exceptional 0.4-acre commercial lot presents a remarkable investment opportunity in the thriving town of England, Arkansas. Located at 221 2nd, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within England ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The property is classified as General Commercial, offering a wide range of permitted uses, subject to local zoning regulations. The asking price of $100,000 represents a competitive entry point into the England commercial real estate market, offering substantial return potential for savvy investors. This is a rare opportunity to acquire a sizable, well-situated commercial lot in a growing Arkansas community. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete customization, enabling the creation of a building perfectly tailored to specific business requirements. Don't miss this chance to secure a prime piece of commercial real estate in England, AR. Act quickly, as opportunities like this are seldom available.

• CAP approach

  CAP return

  Valuation

  6%

  $726,239

  6.5%

  $670,375

  7%

  $622,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $326,821

  Geo Method

  $326,821

• Alternative Use

  Use

  Valuation

  Residential

  $831,265

  Hospitality

  $761,434

  Educational

  $633,504

  Medical

  $655,291

  Retail

  $985,451

Location Insight

City

England

County

Lonoke

State

Arkansas

Latitude

34.5468

Longitude

-91.9697

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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