Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12 Acres Mtn Vis Dr Harrison, AR 72601

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $700,000

    Highway 65 frontage, level land, industrial zoning.

    Property Features for 12 Acres Mtn Vis Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    522,720 SF

    We can help!

    Listing Contact
    Melissa Leal

    Listing Agency: Roger Turner Realty, Inc. Listing Agent: Melissa Leal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 12-acre commercial property presents a unique investment opportunity in Harrison, Arkansas. Strategically located directly off Highway 65, this parcel boasts 770 feet of frontage on Mountain Vista Drive, providing excellent visibility and accessibility. The property is zoned for industrial use, opening up a wide range of development possibilities. City water and electric are readily available, simplifying infrastructure needs and reducing development costs. The topography is largely level, with gently rolling areas, minimizing site preparation challenges. This expansive acreage offers significant potential for various commercial ventures, from warehousing and distribution to light manufacturing or other industrial uses. Its prime location and convenient access to Highway 65 make it an ideal site for businesses seeking high visibility and easy transportation links. The combination of size, zoning, utilities, and location makes this a rare and highly desirable commercial land offering. Don't miss this chance to acquire a substantial piece of land with significant development potential in a growing area. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harrison
    County
    Boone
    State
    Arkansas
    Longitude
    -93.08322
    Latitude
    36.22317

    Nearby Similar for Sale

    • $1,800,000
      28,900 SF

      Harrison Commercial Property with Showroom

      Exceptional commercial property with showroom, office, and warehouse space.
      4700 Willow Ln, Harrison, AR 72601
      View Details
    • New
      $1,595,000
      5,169 SF

      Restaurant with Trout Farm Potential

      Restaurant on 20+ acres with trout farm near Branson, MO.
      350 Devitos Loop, Harrison, AR 72601
      View Details
    • $1,595,000
      5,200 SF

      Mixed-Use Property with Trout Farm

      20.69 acre mixed-use property with restaurant and trout farm.
      350 Devitos Loop, Harrison, AR 72601
      View Details
    • $1,595,000
      5,169 SF

      Restaurant with Trout Farm on 20+ Acres

      Restaurant, building, and land with trout farm near Branson, Missouri.
      350 Devitos Loop, Harrison, AR 72601
      View Details
    • $995,000
      3,584 SF

      Luxury Country Estate on 28 Acres

      Custom-built home with equestrian facilities and breathtaking views on 28 acres.
      1330 Miller Ln, Harrison, AR 72560
      View Details
    • $445,000
      6,480 SF

      Versatile Commercial Space in Harrison, AR

      6,480 sq ft commercial space on the historic square.
      112 N Willow St, Harrison, AR 72601
      View Details
    • $239,000
      1,722 SF

      Commercial Building in Prime Location

      Commercial building with multiple offices and apartment in Harrison, Arkansas.
      120 E Bower Ave, Harrison, AR 72601
      View Details
    • $549,000
      14,379 SF

      Historic Mixed-Use Redevelopment Opportunity

      Iconic 4-story building in Harrison's entertainment district.
      201 N Main St, Harrison, AR 72601
      View Details
    • $1,650,000
      20,000 SF

      Modern Showroom and Warehouse Space

      Exceptional showroom and warehouse with expansion potential in Harrison, AR.
      4700 Willow Ln, Harrison, AR 72601
      View Details
    • $549,000
      14,379 SF

      Historic Mixed-Use Redevelopment Opportunity

      Iconic 4-story building in Harrison's entertainment district.
      201 N Main St, Harrison, AR 72601
      View Details
    • $525,000
      80.00 Acres

      80 Acres in Boone County

      Livestock-ready 80-acre tract with 360 views and multiple improvements.
      Crawford Rd, Harrison, AR 72601
      View Details
    • $650,000
      1,000 SF

      Highway Frontage Commercial Property

      Commercial property with showroom, apartment, and shop building for sale.
      2101 Highway 7 N, Harrison, AR 72601
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Highway 65 frontage, level land, industrial zoning.
    Where is this commercial real estate located?
    The property is located at 12 Acres Mtn Vis Dr Harrison, AR.
    What is the asking price?
    The asking price for this property is $700,000.
    (870) 741-3833
    Request Owner's contact information
    12 Acres Mtn Vis Dr Harrison, AR 72601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Acres Mtn Vis Dr
    Harrison, AR 72601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12 Acres Mtn Vis Dr Harrison, AR 72601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melissa Leal
    Real Estate License ID: EB00053381
    (870) 741-3833 (870) 741-4755 (870) 715-5191
    Learn more
    Google sign-in failed. Please try again or use another login method.