200 Main StKeiser, AR 72351

  • Grocery and convenience stores
  • 1,860 SF
For Sale
$31,250 View listing

Property Details for 200 Main St

Year built
1800
Lot size
0.15 AC
Property size (Sq ft)
1,860 SF
Property type
Grocery and convenience stores
APN
657-00100-000
APU
65700100000

Description

This 1,325-square-foot mixed-use building at 200 W Main Street, Keiser, AR, presents a unique investment opportunity. Situated on a 0.15-acre lot, the property boasts a flexible layout previously utilized as a cafe and more recently as a church. This adaptability makes it suitable for a wide range of commercial ventures, including retail spaces, offices, or community-oriented businesses. The building's interior is ready for customization to suit the needs of a new owner. The asking price of $31,250 represents exceptional value for a property in this desirable location within Keiser, Arkansas. The property's central location offers convenient access to local amenities and a strong potential customer base. Its history as a cafe and a church demonstrates its adaptability and resilience. This is an excellent chance to acquire a well-positioned commercial property at a highly competitive price point. The property is ready for immediate occupancy and offers significant potential for return on investment. Serious inquiries are encouraged to explore this exciting opportunity. The property is sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $624,980
    6.5%
    $576,905
    7%
    $535,697
  • Comparable approach

    Method
    Valuation
    Relative Method
    $365,414
    Geo Method
    $365,414
  • Alternative Use

    Use
    Valuation
    Residential
    $486,641
    Hospitality
    $445,760
    Educational
    $370,867
    Medical
    $383,622
    Retail
    $576,905

Location Insight

City
Keiser
County
Mississippi
State
Arkansas
Latitude
35.675
Longitude
-90.1002
CBSA code
14180
CBSA name
BLYTHEVILLE, 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
$131
$400
$2,301
$2,701
-
$2,000
$11,505
$13,505

FAQs

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