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    1051 Peterson Ave Decatur, AR 72722

    Sponsored
    For Sale
    $6,900,000

    Other - Decatur, AR

    Property size:
    28,042 SF
    Lot size:
    231.00 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for 1051 Peterson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Security System
    APN
    08-00082-516
    Parking features
    Garage, Garage - Attached
    Interior features
    Fire Alarm, Intercom System, Security System, Smoke Detector
    Size
    28,042 SF
    Lot size
    231.00 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Flooring type
    Carpet, Concrete, Marble, Wood
    Building materials
    Cedar, Metal Siding
    Roof type
    Shingle
    Architectural style
    Other

    Better Homes and Gardens Real Estate Journey (479) 387-1534 [email protected]

    Listing agent Brande Weidler (479) 319-3737

    Listing date Jan 2, 2026

    MLS# 1297091 Listing URL

    Copyright © 2026 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Arkansas Property with Airport

    This expansive 230-acre property in Arkansas presents a unique opportunity, blending business, nature, and lifestyle. It features a private airport with a 3/4-mile-long paved runway, five fuel tanks, and 18000 square feet of hangar storage. The property's location provides direct access to two major highways, facilitating transportation and logistics. The estate includes lakefront views, suitable for both business and recreational activities. Potential uses include expanding an aviation business, building a custom retreat, developing a mixed-use commercial venture, or creating an exclusive air-park residential community. There are three existing homes on the property. The property size is 28042 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Daycare Center Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Benton
    State
    Arkansas
    Longitude
    -94.442365
    Latitude
    36.341355

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    FAQs

    What type of property is this?
    Aviation real estate - 230-acre property with private airport and lakefront views.
    Where is this aviation real estate located?
    The property is located at 1051 Peterson Ave Decatur, AR.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: - 230-acre property with a private airport.; - Boasts a 3/4-mile-long paved runway and **18000 sq ft of hangar storage**.; - Direct access to two major highways.
    (479) 319-3737
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1051 Peterson Ave Decatur, AR 72722
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