Commercial Land with Interstate
For Sale
$4,500,000
Willie Ray Drive, Cabot, AR 72023
LAND - Cabot, AR
Property SizeContact for details
Lot Size57.80 Acres
Days on Market209
Property Features for Willie Ray Drive
General Information
Property type
Land
Property subtype
Other
Subdivision
Cabot City Area
Lot features
Sloped, Level, Wooded
Directions
North on I57, exit 19, Left onto Hwy 89, Right onto Willie Ray Drive, property is just past Olive Garden on the Left.
Standard status
Active
Lot size
57.80 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
12-4N-10
Tax Annual Amount
80
Legal Description
12-4N-10
Listing Agency:
Edge Realty
(501) 843-4663
Listed By:
Patrick Melikian
(501) 366-0859
Added: Jan 23
Changed: Jul 30
Last Checked: Aug 20 at 7:06PM
MLS# 26003446
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Commercial land development site totaling 57.8 acres with Interstate 57 frontage, formerly Hwy 67/167. The parcel is described as offering high visibility, with an estimated daily traffic count of 44,000, supporting a range of development concepts.
The property is currently zoned R-1, and city utilities are available. The site is noted as being adjacent to the newly constructed Olive Garden, providing a retail-oriented context for future planning.
The seller’s development concept is a Planned Development (commercial/mixed-use), including potential for big box retail shopping and other compatible uses, subject to applicable approvals and rezoning.
The property is currently zoned R-1, and city utilities are available. The site is noted as being adjacent to the newly constructed Olive Garden, providing a retail-oriented context for future planning.
The seller’s development concept is a Planned Development (commercial/mixed-use), including potential for big box retail shopping and other compatible uses, subject to applicable approvals and rezoning.
Key Highlights
- 57.8 acres commercial land development site
- Interstate 57 frontage (formerly Hwy 67/167)
- Estimated daily traffic count of 44,000
Property Analytics
Current Use
Lease Details
44,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 57.8-acre commercial land parcel with city utilities available and Interstate frontage in Cabot, AR.
Where is this commercial land located?
The property is located at Willie Ray Drive Cabot, AR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 57.8 acres commercial land development site; Interstate 57 frontage (formerly Hwy 67/167); Estimated daily traffic count of 44,000
