558 Highway 365 Mayflower, AR 72106
Estimated payment $5,786/month
About This Lot
Commercial acreage is listed at $10 a square foot. Additional 3200 square foot metal building can be bought separately with desired amount of acreage needed to accompany it. Or owners will raise if not needed for negotiated price. Located directly off the new Mayflower exit of I-40 West in Faulkner County. This area and specific location has exploded. Brand New Valero Convenience store just opened on south end of property. Prime commercial real estate adjacent to I-40 just off of the Mayflower Exit. Property has a 3200 square foot metal building or owners can have removed!!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,587
Lot Details
- 2.4 Acre Lot
- Property fronts a state road
- Level Lot
- Subdivision Possible
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,587 | $49,000 | $14,310 | $34,690 |
| 2023 | $2,427 | $45,970 | $14,310 | $31,660 |
| 2022 | $2,562 | $45,970 | $14,310 | $31,660 |
| 2021 | $2,520 | $45,970 | $14,310 | $31,660 |
| 2020 | $2,941 | $53,890 | $19,600 | $34,290 |
| 2019 | $2,941 | $53,890 | $19,600 | $34,290 |
| 2018 | $2,941 | $53,890 | $19,600 | $34,290 |
| 2017 | $2,941 | $53,890 | $19,600 | $34,290 |
| 2016 | $2,941 | $53,890 | $19,600 | $34,290 |
| 2015 | $2,730 | $51,700 | $16,340 | $35,360 |
| 2014 | $2,826 | $51,700 | $16,340 | $35,360 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | For Sale | $1,045,440 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Faulkner County Title | |
| Warranty Deed | $108,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,360,000 | Credit Line Revolving | |
| Closed | $246,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $284,150 | Commercial | |
| Previous Owner | $165,000 | Future Advance Clause Open End Mortgage |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 24045166
APN: 760-01161-000
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