1003 Schneider DrMalvern, AR 72104-4823

Property Details for 1003 Schneider Dr

Year built

2004

Property size (Sq ft)

14,476 SF

Property type

Medical offices

Property subtype

Medical centers

APN

024-01030-001

APU

2401030001

Description

This exceptional 0.41-acre commercial lot presents a unique investment opportunity in the thriving city of Malvern, Arkansas. Located at 1003 Schneider, this property offers significant potential for a variety of commercial ventures. The expansive 0.41-acre parcel provides ample space for development, allowing for flexibility in design and construction. Its strategic location within Malvern ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the community. The asking price of $2,175,000 reflects the property's significant potential and prime location. Given the size and location, this property is well-suited for a range of commercial uses, from retail establishments to office spaces, or potentially even a mixed-use development. Serious inquiries are encouraged to explore the possibilities this exceptional Malvern property offers. The property is zoned for commercial use, and all necessary utilities are readily available. This is a rare opportunity to acquire a substantial commercial lot in a growing Arkansas market. Don't miss out on this chance to secure a prime piece of Malvern real estate. Further details regarding zoning regulations and development possibilities are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $2,300,846

  6.5%

  $2,123,858

  7%

  $1,972,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,035,468

  Geo Method

  $1,035,468

• Alternative Use

  Use

  Valuation

  Residential

  $2,633,584

  Hospitality

  $2,412,349

  Educational

  $2,007,046

  Medical

  $2,076,071

  Retail

  $3,122,071

Location Insight

City

Malvern

County

Hot Spring

State

Arkansas

Latitude

34.3605

Longitude

-92.7854

CBSA code

31680

CBSA name

MALVERN, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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