320 Main StJacksonville, AR 72076

  • Retail space
  • 2,000 SF
For Sale
$124,900 View listing

Property Details for 320 Main St

Year built
1986
Lot size
0.12 AC
Property size (Sq ft)
2,000 SF
Property type
Retail space
APN
12J-051-01-089-00
APU
12J0510108900

Description

This exceptional .12-acre commercial lot, located at 320 Main Street in Jacksonville, Arkansas, presents a unique investment opportunity. Situated in a dynamic location, this property offers significant potential for a variety of commercial ventures. The lot's size provides ample space for development, allowing for flexibility in design and construction. Its strategic address on Main Street ensures high visibility and accessibility, making it an ideal location for businesses seeking maximum exposure. The property is conveniently located within the vibrant Jacksonville community, offering easy access to local amenities, transportation routes, and a thriving local economy. This is a rare opportunity to acquire a well-positioned commercial lot in a growing market. The asking price of $124,900 reflects the property's significant potential and prime location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Don't miss this chance to secure a valuable asset in a desirable location. Further details and site visits can be arranged upon request. This property is being sold "as is". The square footage is not currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $355,776
    6.5%
    $328,409
    7%
    $304,951
  • Comparable approach

    Method
    Valuation
    Relative Method
    $148,782
    Geo Method
    $148,782
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $641,162
    Mixed-Use / Specialty
    $326,942
    Hospitality / Lodging
    $239,481
    Office
    $324,691
    Institutional / Educational
    $339,782
    Residential Income
    $397,544
    Multifamily
    $478,436
    Automotive / Energy
    $291,241
    Parking / Income-Based Land
    $100,797
    Restaurant / Food Service
    $169,412
    Healthcare / Senior Housing
    $335,576

Location Insight

City
Jacksonville
County
Pulaski
State
Arkansas
Latitude
34.8642
Longitude
-92.1081
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$864
$1,568
$14,492
$16,060
-
$7,840
$72,460
$80,300

FAQs

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