207 Van Bibber StPocahontas, AR 72455

Property Details for 207 Van Bibber St

Year built

1970

Lot size

0.11 AC

Property size (Sq ft)

2,016 SF

Property type

Office buildings

APN

020-00151-000

APU

2000151000

Description

This exceptional commercial property, located at 207 Vanbibber Street in the heart of Pocahontas, Arkansas, offers over 2,000 square feet of versatile space. Ideally situated just off the Historic Downtown Square, this building boasts seven individual office rooms, perfect for a variety of professional uses. Two restrooms, ample closet storage, a welcoming waiting room, and a dedicated reception area provide a functional and comfortable layout. Previously utilized as a dental office and more recently as a law office, this building's adaptability is a key asset. The property includes convenient private parking as well as access to street parking. Its prime location offers easy access to the vibrant downtown area, making it an attractive option for retail businesses. Future development plans for nearby restaurants, venues, and event centers will further enhance the property's desirability and potential for growth. The proximity to recreational events in downtown Pocahontas adds to its appeal. This property presents a unique opportunity for a diverse range of businesses seeking a well-established and conveniently located space in a thriving community. The asking price is $88,000. The square footage is over 2000.

• CAP approach

  CAP return

  Valuation

  6%

  $460,815

  6.5%

  $425,367

  7%

  $394,984

• Comparable approach

  Method

  Valuation

  Relative Method

  $157,167

  Geo Method

  $157,167

• Alternative Use

  Use

  Valuation

  Residential

  $527,456

  Hospitality

  $483,147

  Educational

  $401,972

  Medical

  $415,797

  Retail

  $625,290

Location Insight

City

Pocahontas

County

Randolph

State

Arkansas

Latitude

36.2625

Longitude

-90.9708

Property Tax & Assessments

FAQs

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