154 3Rd AvePiggott, AR 72454

  • Individual retail properties
  • 3,680 SF
For Sale
$135,000 View listing

Property Details for 154 3Rd Ave

Lot size
0.23 AC
Property size (Sq ft)
3,680 SF
Property type
Individual retail properties
APN
761-01692-001C
APU
76101692001C

Description

This exceptional commercial property, located at 154 3rd Street in Piggott, Arkansas, presents a compelling investment opportunity. Situated on a sizable 0.23-acre lot, the building offers significant potential for a variety of commercial uses. The property's address places it within easy reach of local businesses and amenities, ensuring high visibility and accessibility for any future tenant or owner-operator. While the precise square footage is currently unavailable, the substantial lot size suggests ample space for expansion or redevelopment, catering to a range of business needs. The asking price of $135,000 represents a competitive entry point into the Piggott commercial real estate market. This property is ideal for entrepreneurs seeking a versatile space to establish their business or for investors looking for a strong return on investment in a growing community. The property's location and size make it a rare find in the area, offering a unique chance to acquire a well-positioned commercial asset. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's interior and specifications are available upon request. Don't miss this chance to secure a valuable piece of Piggott's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,236,520
    6.5%
    $1,141,403
    7%
    $1,059,874
  • Comparable approach

    Method
    Valuation
    Relative Method
    $722,970
    Geo Method
    $722,970
  • Alternative Use

    Use
    Valuation
    Residential
    $962,816
    Hospitality
    $881,934
    Educational
    $733,759
    Medical
    $758,994
    Retail
    $1,141,403

Location Insight

City
Piggott
County
Clay
State
Arkansas
Latitude
36.3815
Longitude
-90.1934

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
$542
$3,130
$7,620
$10,750
-
$15,650
$38,100
$53,750

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