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    1701 Ar-161 Jacksonville, AR 72076

    For Sale
    $875,000

    1.57 Acres, $875,000 - Development Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1.57-acre property, located at 1701 AR-161 Unit No in Jacksonville, Arkansas, presents a compelling investment opportunity. Priced at $875,000, this expansive lot offers significant potential for various development projects. The substantial acreage provides ample space for a wide range of uses, making it an attractive prospect for both residential and commercial ventures. Its location in Jacksonville offers convenient access to key transportation routes and local amenities, enhancing its overall appeal. The property's size and strategic location contribute to its high development potential, making it an ideal asset for investors seeking a promising land acquisition in a growing Arkansas market. Detailed site surveys and environmental assessments are recommended to fully understand the development possibilities. The absence of existing structures allows for complete design flexibility, enabling the creation of a project tailored to specific needs and vision. This is a rare opportunity to acquire a significant land parcel in a desirable location, ready for immediate development or future investment. Serious inquiries are encouraged to explore the full potential of this exceptional property. Further information regarding zoning regulations and permitted uses can be obtained through the appropriate local authorities. This property is being offered as-is.

    Property Features for 1701 Ar-161

    General Information

    Property type
    Other commercial real estate
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1963
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jacksonville
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.11538
    Latitude
    34.85215

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    FAQs

    What type of property is this?
    Commercial real estate - 1.57 Acres, $875,000 - Development Opportunity
    Where is this commercial real estate located?
    The property is located at 1701 Ar-161 Jacksonville, AR.
    What is the asking price?
    The asking price for this property is $875,000.
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    1701 Ar-161 Jacksonville, AR 72076
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    Jacksonville, AR 72076
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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
    1701 Ar-161 Jacksonville, AR 72076
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