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    I-55 Service Rd Marion, AR 72364

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    For Sale
    Contact for pricing

    44 Acres, High Traffic, West Memphis

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44.1-acre commercial land parcel presents a remarkable investment opportunity in West Memphis, Arkansas. Strategically located on I-55 Service Road, this property boasts unparalleled visibility and accessibility, benefiting from a high average daily traffic count of 42,000 vehicles. The land is priced at $4.50 per square foot, representing a compelling value proposition for developers and investors seeking a prime location in a rapidly growing area. Its convenient proximity to West Memphis's city center, Downtown Memphis, and the Southland Casino further enhances its appeal and potential for diverse commercial development. The expansive lot size offers significant flexibility for a wide range of projects, from retail and hospitality ventures to industrial and logistics facilities. This property's location along a major interstate highway ensures exceptional exposure and convenient access for customers and employees alike. The site's potential for significant return on investment is undeniable, making it an attractive opportunity for those seeking a high-impact commercial development project in a thriving market. Detailed site surveys and environmental reports are available upon request. The property is zoned for commercial use and ready for immediate development. This is a rare opportunity to acquire a large, high-traffic commercial land parcel in a desirable location. Don't miss out on this exceptional investment opportunity.

    Property Features for I-55 Service Rd

    General Information

    Property type
    Land
    Lot Size
    1,920,996 SF

    HighLights

    • Price: $4.50 per square foot.
    • High traffic location with 42,000 average daily traffic count on a 155‑foot frontage.
    • Excellent access to West Memphis, Downtown Memphis, and Southland Casino.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Grocery Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.2432307
    Latitude
    35.1926203

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    FAQs

    What type of property is this?
    Land - 44 Acres, High Traffic, West Memphis
    Where is this land located?
    The property is located at I-55 Service Rd Marion, AR.
    What are key features of this property?
    This property features: Price: $4.50 per square foot.; High traffic location with 42,000 average daily traffic count on a 155-foot frontage.; Excellent access to West Memphis, Downtown Memphis, and Southland Casino.
    Request Owner's contact information
    I-55 Service Rd Marion, AR 72364
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    Marion, AR 72364
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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
    I-55 Service Rd Marion, AR 72364
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