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Improved Residential Land for Sale in Malvern, Arkansas
21565 Highway 51, Malvern, AR 72104
$285,999
2.18 acres
Active sale
$28.9k drop
Est $1,501/moInvestment Opportunity - 28-Unit Mini Storage in Magnet Cove located on 2.18 acres MOL. Secure your next income-producing property with this 28-unit mini storage facility, conveniently located in the growing Magnet Cove area of Arkansas. This property offers potential of consistent rental income with a strong demand for storage in and around the community. Featuring easy access, durable construction, and a mix of unit sizes, it's a turnkey investment for both seasoned and first-time investors. Low-maintenance operation and the potential of creating a steady cash flow make this an excellent addition to your portfolio.
3,000
Sq feet
1999
Built
Location
- Street address
- 21565 Highway 51
- County
- Hot Spring County
- Community
- Magnet Cove School District
- Elevation
- 496 feet
Directions
Exit 270 west off I30, head toward Hot Springs, right on Hwy 51, corner of Hwy 51 & Henderson Road.
Property details
- Acreage
- 2.18 acres
- MLS #
- CARMLS 25039652
- Posted
Parcels
- 023-00293-002
Legal description
PT SE SE21-03S-17W
Details and features
Listing
- Type
- Residential
Lot
- Features
- Cleared
Exterior
- Fencing
- Partial
- Features
- Partially Fenced
Structure
- Stories
- 1
- Roof
- Metal
Interior
- Flooring
- Concrete
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 19, 2026 | Price drop | $285,999 | $28,901 -9.2% | CARMLS |
| Nov 13, 2025 | Price drop | $314,900 | $10,100 -3.1% | CARMLS |
| Oct 3, 2025 | New listing | $325,000 | — | CARMLS |
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