300 Broadway StMorrilton, AR 72110

Property Details for 300 Broadway St

Year built

2018

Lot size

0.00 AC

Property size (Sq ft)

1,464 SF

Property type

Retail space

APN

006-02073-000-C

APU

00602073000C

Description

This exceptional commercial property, located at 300 Broadway Street in Morrilton, Arkansas, presents a unique investment opportunity. The 0.19-acre lot offers significant potential for a variety of commercial ventures. Its prime location on Broadway Street ensures high visibility and accessibility, making it an attractive site for businesses seeking a strong presence in the Morrilton market. The property's size is particularly suitable for smaller-scale commercial developments, such as retail spaces, office buildings, or potentially even a mixed-use development. Given its central location within Morrilton, the property benefits from convenient access to local amenities, transportation routes, and a thriving community. The asking price of $259,000 reflects the property's considerable potential and strategic location. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. Further due diligence is recommended to confirm zoning regulations and potential development options. This property is being offered as-is. The absence of square footage information in the listing does not reflect the property's potential

• CAP approach

  CAP return

  Valuation

  6%

  $187,601

  6.5%

  $173,170

  7%

  $160,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $263,894

  Geo Method

  $263,894

• Alternative Use

  Use

  Valuation

  Residential

  $146,075

  Hospitality

  $133,804

  Educational

  $111,324

  Medical

  $115,152

  Retail

  $173,170

Location Insight

City

Morrilton

County

Conway

State

Arkansas

Latitude

35.1534

Longitude

-92.7478

Property Tax & Assessments

FAQs

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