810 Missouri AveCorning, AR 72422

  • Flex space
  • 76,760 SF
For Sale
$3,200,000 View listing

Property Details for 810 Missouri Ave

Year built
1990
Lot size
36.71 AC
Property size (Sq ft)
76,760 SF
Property type
Flex space
APN
722-01631-000C
APU
72201631000C

Description

This expansive 77,830-square-foot industrial property in Corning, Arkansas, presents a significant investment opportunity. Located at 810 N Missouri Ave, this versatile facility combines substantial warehouse and office space, ideal for a variety of commercial uses. The property features a two-story building constructed in 1990, with an expansion in 2004, totaling 77,830 square feet of net rentable space. The warehouse area, exceeding 47,480 square feet, boasts high ceilings, robust flooring, and four loading docks, making it suitable for storage, distribution, or light to medium manufacturing. The office space, over 30,350 square feet, is well-equipped with administrative areas and conference rooms. Situated on a 6.87-acre lot, zoned C-2, this property benefits from its proximity to major transportation networks. Included in the sale are significant operational assets: a compressed air system, pneumatic conveying system with dust collection, a 125-ton chiller, a 30-ton glycol chiller, extensive HVAC systems, a 20,000-watt diesel generator with a 1,000-gallon fuel tank, heavy-gauge industrial wiring, LED lighting, and various material handling equipment including a forklift, scissor lift, and pallet wrapper. The property's robust infrastructure and extensive equipment make it a highly attractive option for businesses seeking efficient and versatile commercial space in Corning, Arkansas. The asking price is $3,200,000, translating to $41.12 per square foot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,083,084
    Hospitality
    $18,395,996
    Educational
    $15,305,253
    Medical
    $15,831,624
    Retail
    $23,808,172
810 Missouri Ave, Corning, Arkansas

Location Insight

City
Corning
County
Clay
State
Arkansas
Latitude
36.4198
Longitude
-90.5838

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
$7,856
$13,403
$332,767
$346,170
-
$67,015
$1,663,835
$1,730,850

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