400 Mound City RdWest Memphis, AR 72301

Property Details for 400 Mound City Rd

Year built

1988

Lot size

2.61 AC

Property size (Sq ft)

32,873 SF

Property type

Auto shops

APN

373300000000

APU

373300000000

Description

This exceptional industrial property, located at 400 Mound City Rd, West Memphis, AR 72301, presents a unique opportunity for businesses seeking a substantial warehouse space. The single-tenant building boasts a generous 36,909 square feet of space, perfectly suited for fleet maintenance operations. Situated on a sizable 9.19-acre lot, the property offers ample room for expansion or outdoor storage. Built in 1988, the warehouse features 32 drive-in bays, designed to accommodate a wide range of vehicles, from smaller trucks to large commercial rigs. The layout is optimized for efficient workflow, with each bay providing easy access from both sides. The property includes 10 total parking spaces, providing convenient parking for employees and visitors. The zoning is designated as IL (Industrial Light). This prime location in West Memphis, Arkansas offers excellent access to major transportation routes, making it an ideal location for businesses requiring easy access to distribution networks. The property's size, features, and location combine to create a compelling opportunity for a variety of industrial uses. This is a rare opportunity to acquire a well-maintained, spacious warehouse in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,962,623

  6.5%

  $6,427,036

  7%

  $5,967,962

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,458,204

  Geo Method

  $6,458,204

• Alternative Use

  Use

  Valuation

  Residential

  $5,421,446

  Hospitality

  $4,966,016

  Educational

  $4,131,666

  Medical

  $4,273,761

  Retail

  $6,427,036

Location Insight

City

West Memphis

County

Crittenden

State

Arkansas

Latitude

35.1501

Longitude

-90.1279

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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