2900 Main StSearcy, AR 72143

  • Office properties
  • 6,715 SF
For Sale
$850,000 View listing

Property Details for 2900 Main St

Year built
2001
Lot size
1.70 AC
Property size (Sq ft)
6,715 SF
Property type
Office properties
Property subtype
Office buildings
APN
016-02491-112-A
APU
01602491112A

Description

This exceptional 1.7-acre commercial property, located at 2900 Main Street in Searcy, Arkansas, presents a unique investment opportunity. The expansive lot offers significant potential for a variety of commercial developments, catering to the growing needs of the Searcy business community. Its prime location on Main Street ensures high visibility and accessibility, making it an ideal site for retail, office, or light industrial uses. The property's size allows for ample space for building construction, parking, and landscaping, providing flexibility for future development plans. The asking price of $850,000 reflects the significant value and potential of this strategically located parcel. Detailed site surveys and zoning information are readily available upon request, allowing prospective buyers to thoroughly assess the property's suitability for their specific project. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Arkansas city. Don't miss out on this chance to secure a prime location for your next venture. Serious inquiries only. Contact us today to schedule a site visit and explore the possibilities. The property is offered as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $967,525
    6.5%
    $893,100
    7%
    $829,307
  • Comparable approach

    Method
    Valuation
    Relative Method
    $523,501
    Geo Method
    $523,501
  • Alternative Use

    Use
    Valuation
    Residential
    $1,107,444
    Hospitality
    $1,014,413
    Educational
    $843,980
    Medical
    $873,005
    Retail
    $1,312,857
2900 Main St, Searcy, Arkansas

Location Insight

City
Searcy
County
White
State
Arkansas
Latitude
35.2102
Longitude
-91.7318
CBSA code
42620
CBSA name
SEARCY, AR MICROPOLITAN 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
$3,086
$41,820
$105,550
$147,370
-
$209,100
$527,750
$736,850

FAQs

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