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1051 Peterson Ave Decatur, AR 72722

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For Sale
$6,900,000

230-acre property with private airport, lakefront views, and homes.

Property size:
28,042 SF
Lot size:
10,062,360.00 Acres

Property Features for 1051 Peterson Ave

General Information

Standard status
Active
Size
28,042 SF
Lot size
10,062,360.00 Acres

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Listing Contact
Brande Weidler
Source: Crexi

Listing Agency: Better Homes and Gardens Real Estate Listing Agent: Brande Weidler

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

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Overview

Arkansas Aviation Estate with Runway

This expansive 230-acre property in Arkansas presents a unique opportunity for aviation enthusiasts, business owners, or developers. The property includes a private airport featuring a 3/4-mile-long paved runway, five fuel tanks, and 18000 sq ft of hangar storage. Its location provides direct access to two major highways, facilitating transportation and logistics. The estate also offers lakefront views, creating a setting suitable for both business and recreational activities. The property is located off Crystal Lake Public Park, accessible via AR Hwy 102 towards Decatur, AR, then right on AR Hwy 59, and right at Crystal Lake Public Park. Three existing homes are situated on the property. This versatile property is suited for expanding an aviation business, building a custom retreat, developing a mixed-use commercial venture, or creating an air-park residential community. The property includes city, rural, waterfront, and wooded lots.
Location Intelligence

Current Use by Public Records

Aviation real estate

Suggested Use

Restaurant Daycare Center Pet Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Decatur
County
Benton
State
Arkansas
Longitude
-94.4381
Latitude
36.3376

FAQs

What type of property is this?
Land - 230-acre property with private airport, lakefront views, and homes.
Where is this land located?
The property is located at 1051 Peterson Ave Decatur, AR.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: - 230-acre property with stunning lakefront views.; - Private airport featuring a 3/4-mile paved runway and an 18,000 sq ft hangar.; - Direct access to two major highways, AR Hwy 102 & AR Hwy 59.
More about this property
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