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    2475 Hwy Highland, AR 72542

    For Sale
    $319,000

    0.24-acre lot, ideal for development. High traffic area.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 0.24-acre commercial lot presents a unique investment opportunity in the thriving Highland, Arkansas area. Situated at 2475 Hwy 62/412, this property boasts high visibility and accessibility due to its prime location on a major thoroughfare. The lot's size offers ample space for a variety of commercial ventures, making it suitable for entrepreneurs seeking to establish a new business or for investors looking to develop a profitable property. The address ensures easy access for customers and employees alike, contributing to the overall convenience and appeal of the location. Given its strategic placement on a busy highway, this lot offers significant potential for high foot traffic and brand visibility. The asking price of $319,000 reflects the property's exceptional location and development potential. This is a rare opportunity to acquire a commercial lot in a desirable area with strong growth prospects. Serious inquiries are encouraged to explore the possibilities this property offers. The absence of existing structures allows for complete design flexibility, catering to a wide range of commercial development plans. This property is ready for immediate development, presenting a streamlined path to realizing your commercial vision. Don't miss this chance to secure a prime piece of Highland real estate.

    Property Features for 2475 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Highland
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.51011
    Latitude
    36.27166

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    FAQs

    What type of property is this?
    Commercial real estate - 0.24-acre lot, ideal for development. High traffic area.
    Where is this commercial real estate located?
    The property is located at 2475 Hwy Highland, AR.
    What is the asking price?
    The asking price for this property is $319,000.
    Request Owner's contact information
    2475 Hwy Highland, AR 72542
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    Highland, AR 72542
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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
    2475 Hwy Highland, AR 72542
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