230-Acre Property with Private
For Sale
$6,900,000
1051 Peterson Avenue, Decatur, AR 72722
Unique Arkansas property with airport, lake views, and development potential.
Property Size28,042 SF
Lot Size231.00 Acres
Price / SF$246.06
Days on Market557
Property Features for 1051 Peterson Avenue
General Information
Standard status
Active
Size
28,042 SF
Lot size
231.00 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$23,446
Listing Agency:
Better Homes and Gardens Real Estate Journey Bento
(479) 685-6962
Listed By:
Brande Weidler · License #EB00083125
(479) 685-6962
Source:
Exitrealty
Added: Jan 29, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Journey Bento
Investment Insights
Based on property information with market context.
This expansive 230-acre property in Arkansas features a private airport with a 3/4-mile-long paved runway, five fuel tanks, and 18000 sq ft of hangar storage. The property offers lakefront views and direct access to two major highways, ensuring convenience for transportation and logistics. It is suitable for aviation enthusiasts, business owners, or developers. Potential uses include expanding an aviation business, building a custom retreat, developing a mixed-use commercial venture, or developing an air-park residential community. There are three existing homes on the property.
Key Highlights
- Private airport with a 3/4‑mile paved runway and 18000 sq ft hangar storage.
- Expansive 230‑acre property.
- Direct access to two major highways.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 72722, AR
3,087
Population
1,208
Households
2.6
Avg Household Size
36
Median Age
19%
College-Educated
81%
High-School Grad
39.4 sq mi
ZIP Area
78
Density / Sq Mi
$52,333
Median Household Income
$41,343
Median Earnings
$788
Median Rent
$178,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Unique Arkansas property with airport, lake views, and development potential.
Where is this aviation real estate located?
The property is located at 1051 Peterson Avenue 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: Private airport with a 3/4‑mile paved runway and 18000 sq ft hangar storage.; Expansive 230‑acre property.; Direct access to two major highways.
