1259 Main StPiggott, AR 72454

  • Turn key restaurants
  • 1,200 SF
For Sale
$235,000 View listing

Property Details for 1259 Main St

Year built
2010
Lot size
0.48 AC
Property size (Sq ft)
1,200 SF
Property type
Turn key restaurants
APN
761-01998-000C
APU
76101998000C

Description

This exceptional commercial property, located at 1259 Main Unit Yes in Piggott, Arkansas, presents a unique investment opportunity. Situated on a sizable 0.48-acre lot, this general commercial property offers significant potential for a variety of business ventures. The property's address places it in a high-traffic area, ensuring excellent visibility and accessibility for customers. While the square footage is currently unavailable, the substantial lot size allows for ample expansion or redevelopment possibilities, catering to businesses requiring significant space. The asking price of $235,000 represents a competitive entry point into the Piggott commercial real estate market. This property is ideal for entrepreneurs seeking a well-positioned space to establish or expand their operations. Its prime location and generous lot size offer flexibility and growth potential, making it an attractive investment for those seeking a strong return on their investment. Serious inquiries are encouraged to explore the full potential of this promising commercial property. Further details regarding the property's exact dimensions and specifications are available upon request. Don't miss this chance to secure a valuable asset in a thriving Arkansas community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $403,213
    6.5%
    $372,197
    7%
    $345,611
  • Comparable approach

    Method
    Valuation
    Relative Method
    $235,751
    Geo Method
    $235,751
  • Alternative Use

    Use
    Valuation
    Residential
    $313,962
    Hospitality
    $287,587
    Educational
    $239,269
    Medical
    $247,498
    Retail
    $372,197

Location Insight

City
Piggott
County
Clay
State
Arkansas
Latitude
36.3813
Longitude
-90.1758

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
$1,229
$10,660
$14,360
$25,020
-
$53,300
$71,800
$125,100

FAQs

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