$429,000
$39K PRICE INCREASE

5934 Highway 8 E Mena, AR 71953

Estimated payment $2,403/month

Total Views 10,756
5 Acres
$79,888 Price per Acre
233,917 Sq Ft Lot

About This Lot

Once in a lifetime commercial opportunity in the heart of trail country! Located just outside of Big Fork, this 5.37 acres boasts 5 RV sites with electric, with room for more! Two septic systems are currently in place. What about cabins? The land would be PERFECT for them, and there is plenty of room to build all sorts of structures. Brand new well pump and well house. Nice black gravel rock driveway leads up to a large plateau of parking, overlooking the property and mountain views. Private gate and cedar post fencing. Several other outbuildings also on the property could be revamped for a variety of uses. Property borders Polk 61 and Highway 8E, just north of the Big Fork Mall. National Forest is almost at your back door - just a short drive down Polk 61. This is one of those properties that has worlds of potential and so many commercial possibilities for further development. This location is prime!

Listing Agent

Tiffany Lane

CENTURY 21 Perry Real Estate

CENTURY 21 Perry Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $156

Lot Details

  • 5.37 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Co-Op Electric
  • Well
  • On Site Septic
  • Perc Approved Septic

Additional Features

  • Mountain Views
  • Outside City Limits

Property Details

Property Type

Land

Est. Annual Taxes

$156

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 08/07/2023
  • Price Per Sq Ft: 79888.27
  • Road Surface: Paved
  • Type: Commercial Lot
  • Price Per Acre: 79888.27
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road, State Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Well-On Property, Electric-Co-Op, Septic On Property

Lot Info

  • Estimated Lot Size: 5.37
  • Estimated Lot Size: 5.37 acres
  • Lot: Sloped, Rural Property, Wooded, Cleared, Not In Subdivision, Out Of City, Mountain View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 156

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $188 $6,880 $5,280 $1,600
2023 $173 $6,880 $5,280 $1,600
2022 $157 $3,670 $2,070 $1,600
2021 $39 $930 $930 $0
2020 $40 $930 $930 $0
2019 $33 $930 $930 $0
2018 $30 $930 $930 $0
2017 $27 $630 $630 $0
2016 $27 $630 $630 $0
2015 $27 $9,380 $630 $8,750
2014 $401 $9,380 $630 $8,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 For Sale $429,000 0.0% --
10/22/2024 10/22/24 Price Changed $429,000 +10.0% --
08/02/2024 08/02/24 Off Market $389,900 -- --
08/07/2023 08/07/23 For Sale $389,900 -- --
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $36,400 None Available
Warranty Deed $24,705 Martin Title And Closing Svc
Warranty Deed $32,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,687 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Property in Mena, AR

  • 307 Jones St, Mena, AR 71953

    $379,000

    • Land
    • 4.19 Acres
    • $90,453 per Acre
    • 307 Jones St
    • Mena, AR

    Awesome 4 acre property that runs along the high side of Ward Creek. Only 1.2 miles from the Mena Bike Trails at Ward Lake. With the rapid growth of our community and increased tourism to the area, this may be the perfect opportunity to capitalize on that potential. Possible Development Ideas: Tiny home park, Camping Sites, RV Park, Subdivide, Cul-de-sac subdivision, and more.

    Nicole Miller Small Fee Realty

    Section Image

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23024348

Cooperative Arkansas REALTORS® MLS

APN: 0000-01106-0000