107 Main StLuxora, AR 72358

  • Grocery and convenience stores
  • 2,100 SF
For Sale
$56,500 View listing

Property Details for 107 Main St

Year built
2007
Property size (Sq ft)
2,100 SF
Property type
Grocery and convenience stores
APN
722-00486-000
APU
72200486000

Description

This exceptional mixed-use property, situated at 107 S Main Street S in Luxora, Arkansas, presents a remarkable investment opportunity. Boasting a generous 2,100 square feet of space, this building offers unparalleled versatility for a wide range of commercial ventures. Its central Luxora location ensures high visibility and accessibility, making it ideal for retail businesses, office spaces, or a combination of uses. The asking price of $56,500 represents an exceptional value in the current market, making this an attractive proposition for both seasoned investors and aspiring entrepreneurs. The property sits on a lot with zero acres, making the building itself the primary focus. The substantial square footage allows for ample space to customize the interior to meet specific business needs. This property is ready for immediate occupancy and presents a unique chance to establish a thriving business in a vibrant community. The building's prime location and competitive price point combine to create an exceptional investment opportunity with significant potential for future growth and return. Don't miss this chance to acquire a valuable asset in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $705,623
    6.5%
    $651,344
    7%
    $604,819
  • Comparable approach

    Method
    Valuation
    Relative Method
    $412,564
    Geo Method
    $412,564
  • Alternative Use

    Use
    Valuation
    Residential
    $549,433
    Hospitality
    $503,278
    Educational
    $418,721
    Medical
    $433,122
    Retail
    $651,344

Location Insight

City
Luxora
County
Mississippi
State
Arkansas
Latitude
35.7557
Longitude
-89.9277
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
$680
-
$14,412
$14,412
-
-
$72,060
$72,060

FAQs

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