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    Highway 62 Prairie Grove, AR 72753

    For Sale
    $1,586,160

    Subdividable commercial land with high traffic count on Highway 62.

    Lot size:
    4.00 Acres

    Property Features for Highway 62

    General Information

    Lot size
    4.00 Acres

    Source: Steve Fineberg & Associates, Inc. Agent Brennan Sharpe

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

    Overview

    Highway 62 Commercial Land Available

    This commercial land offers subdividable lots surrounded by new and developing subdivisions. Plans are underway to make sewer access available for the full acreage. Lot 4 is currently under contract with a major global retailer. A topographical survey is available upon request. The property benefits from a traffic flow of approximately 11,000 cars per day along Highway 62.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Prairie Grove
    County
    Washington
    State
    Arkansas
    Longitude
    -94.300631
    Latitude
    35.983915

    Nearby Similar for Sale

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      7,500 SF

      Versatile Warehouse in Prairie Grove

      7,500 sq ft warehouse ideal for various commercial uses.
      921 E Douglas St, Prairie Grove, AR 72753
      View Details

    FAQs

    What type of property is this?
    Land - Subdividable commercial land with high traffic count on Highway 62.
    Where is this land located?
    The property is located at Highway 62 Prairie Grove, AR.
    What is the asking price?
    The asking price for this property is $1,586,160.
    What are key features of this property?
    This property features: - Lot 4 under contract with major global retailer; - 11,000 CPD along Hwy 62; - Plans for sewer to become available for full acreage
    (479) 271-4161
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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
    Highway 62 Prairie Grove, AR 72753
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