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    Us-62 Highland, AR 72542

    For Sale
    $180,000

    1.3 Acres, Prime US-62 Location, $180,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial land parcel presents a unique investment opportunity in the thriving Highland, Arkansas area. Situated on a highly visible section of US-62, this 1.3-acre lot offers unparalleled exposure to a significant volume of daily traffic. The property's strategic location makes it ideal for a wide range of commercial ventures, from retail establishments and restaurants to light industrial uses or potential development. The expansive acreage provides ample space for building construction, ample parking, and landscaping. The absence of existing structures allows for complete design flexibility, enabling prospective buyers to tailor the property to their specific business needs and vision. This is a rare chance to acquire a substantial piece of commercial real estate in a growing community with excellent access to major transportation routes. The asking price of $180,000 represents a compelling value for this prime location and its development potential. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use, but buyers are advised to conduct their own due diligence to verify zoning and permitted uses. Utilities are available at the site, though specific connections and costs should be independently verified. This is a blank canvas for your next commercial endeavor. Don't miss this chance to secure a piece of Highland's future.

    Property Features for Us-62

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Highland
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.51372
    Latitude
    36.26831

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    FAQs

    What type of property is this?
    Commercial real estate - 1.3 Acres, Prime US-62 Location, $180,000
    Where is this commercial real estate located?
    The property is located at Us-62 Highland, AR.
    What is the asking price?
    The asking price for this property is $180,000.
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    Us-62 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
    Us-62 Highland, AR 72542
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