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417 University Dr
Pine Bluff, AR 71601
Family Dollar · Retail Property For Sale
Investment Highlights
- Building is Vacant - Although Family Dollar has vacated the Property, the Property has been maintained by them for the last few years.???????
- Priced Well-Below Replacement Cost - ???????The Property would cost in excess of $250/SF to build today
- Large Lot Size - ???????The Property was built in 2017 and consists of a 9,180 SF building on 1.02 acres of land
Executive Summary
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Vacant Former Family Dollar asset located on University Drive in Pine Bluff, AR (the “Property”). The Property consists of a 9,180-square-foot freestanding retail building on 1.02 acres of land. The Property is located along University Drive on the west side of Lake Saracen. The Property also sits 1/2 mile north of the Martha Mitchell Expressway, the primary east/west thoroughfare in Pine Bluff.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,752 SF
Building Class
B
Year Built
2005
Price
$350,000
Price Per SF
$39.99
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
B-6 - University Commercial District Tier 1
Parking
39 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
60’ on UNIVERSITY DR
Property Taxes
| Parcel Numbers | Improvements Assessment | $78,800 | |
| Land Assessment | $9,850 | Total Assessment | $88,650 |
Property Taxes
Parcel Numbers
Land Assessment
$9,850
Improvements Assessment
$78,800
Total Assessment
$88,650
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