1311 Harding StMorrilton, AR 72110

  • Retail space
  • 2,100 SF
For Sale
$195,000 View listing

Property Details for 1311 Harding St

Year built
1973
Lot size
0.18 AC
Property size (Sq ft)
2,100 SF
Property type
Retail space
APN
006-02854-005-C
APU
00602854005C

Description

This exceptional 2,200-square-foot storefront, located at 1311 E Harding Street in Morrilton, Arkansas, presents a remarkable opportunity for retail businesses. Priced at $195,000, this property boasts a flexible layout ideal for diverse business concepts. The space includes two well-appointed bathrooms, a dedicated utility room, and ample storage, ensuring both convenience and functionality. Situated in a high-traffic, high-visibility location, this retail gem guarantees maximum exposure to a steady stream of local customers and visitors, maximizing foot traffic and potential sales. The welcoming small-town atmosphere of Morrilton (zip code 72110) combines the charm of a close-knit community with the accessibility and advantages of a bustling commercial area. This property is perfectly suited for startups seeking a prime location to establish their business or for existing businesses looking to expand their reach. The unmatched accessibility and inherent charm of this location make it an exceptional investment opportunity. Don't miss the chance to secure this prime commercial space and unlock your business's full potential. The net rentable square footage is 2,200 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $269,099
    6.5%
    $248,400
    7%
    $230,657
  • Comparable approach

    Method
    Valuation
    Relative Method
    $378,537
    Geo Method
    $378,537
  • Alternative Use

    Use
    Valuation
    Residential
    $209,534
    Hospitality
    $191,932
    Educational
    $159,685
    Medical
    $165,177
    Retail
    $248,400
1311 Harding St, Morrilton, Arkansas

Location Insight

City
Morrilton
County
Conway
State
Arkansas
Latitude
35.1641
Longitude
-92.7293

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
2023
$771
$3,530
$11,410
$14,940
-
$17,650
$57,050
$74,700

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