102 Commerce DrAlma, AR 72921

Property Details for 102 Commerce Dr

Year built

1980

Lot size

1.16 AC

Property size (Sq ft)

8,000 SF

Property type

Auto shops

APN

710-01419-000-C

APU

71001419000C

Description

This exceptional investment opportunity presents a 10,400-square-foot industrial flex space ideally situated on a 3.32-acre lot in Alma, Arkansas. The property boasts a strategic location, nestled between Interstate 40 and Highway 64, with convenient access to Highway 71 and Interstate 49, providing seamless connectivity to Northwest Arkansas. The property comprises two buildings: a 8,000-square-foot warehouse and a 2,400-square-foot office building, offering versatile space for a variety of business needs. Currently vacant, this property is priced at $950,000, or $91.35 per square foot. The single-story buildings sit on a spacious lot, providing ample room for expansion or future development. This property's prime location and flexible space make it an ideal choice for businesses seeking efficient operations and easy access to major transportation arteries. The property is offered for sale by owner and presents a unique chance to establish or expand your business in a thriving area with excellent infrastructure and accessibility. This is a rare opportunity to acquire a well-positioned industrial property in a rapidly growing region. Don't miss out on this chance to secure a valuable asset in a high-demand market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,025,141

  6.5%

  $946,284

  7%

  $878,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,442,045

  Geo Method

  $1,442,045

• Alternative Use

  Use

  Valuation

  Residential

  $798,226

  Hospitality

  $731,171

  Educational

  $608,325

  Medical

  $629,247

  Retail

  $946,284

Location Insight

City

Alma

County

Crawford

State

Arkansas

Latitude

35.4862

Longitude

-94.2273

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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