520 Cliffside DrNoel, MO 64854

Property Details for 520 Cliffside Dr

Year built

2001

Lot size

1.85 AC

Property size (Sq ft)

7,500 SF

Property type

Retail space

APN

17-5.0-15-000-000-007.000

APU

175015000000007000

Description

This exceptional 7,500 square foot retail property, located at 520 N Cliffside Dr in Noel, Missouri, presents a unique investment opportunity. The single-tenant building, constructed in 2001, sits on a spacious 1.85-acre lot and is zoned for commercial use. Its previous use as a Dollar General store demonstrates its suitability for a variety of retail businesses. The building features air conditioning throughout and is a single-story structure. Its convenient location offers easy access for customers and employees. The property's proximity to the Elk River, a popular summer destination for float trips, provides significant potential for attracting tourism-related businesses. Furthermore, its location just 25 miles from Bentonville, Arkansas, offers access to a larger regional market. The property's parcel number is 17-5.0-15-000-000-007.000, and it is situated within McDonald County, Missouri, zip code 64854. This property is ideal for an owner-operator or investor seeking a well-located retail space with significant upside potential. The property is available for sale or lease.

• CAP approach

  CAP return

  Valuation

  6%

  $961,070

  6.5%

  $887,141

  7%

  $823,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,351,917

  Geo Method

  $1,351,917

• Alternative Use

  Use

  Valuation

  Residential

  $748,337

  Hospitality

  $685,472

  Educational

  $570,305

  Medical

  $589,919

  Retail

  $887,141

Location Insight

City

Noel

County

Mcdonald

State

Missouri

Latitude

36.552

Longitude

-94.4861

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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