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480 Us-62 Berryville, AR 72616

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280 Acres, Opportunity Zone, Tax Incentives

Description

Added:
Dec 11, 2024
Days on Market:
400
This exceptional 280-acre commercial and industrial land parcel presents a unique investment opportunity in Berryville, Arkansas. Located in a designated Opportunity Zone, this property offers significant tax advantages for investors. The site boasts existing city services and utilities, eliminating costly infrastructure development. A notable benefit is the absence of city property taxes, further enhancing the return on investment. Three eco-friendly businesses are already establishing operations within the park, demonstrating the area's growing appeal. Strategically situated north of Highway 62 and east of Hailey Road, just outside Berryville city limits, this location provides excellent accessibility. The property benefits from a robust retail trade area encompassing major cities such as Bentonville (home to Walmart headquarters and the Crystal Bridges Museum) and Rogers (known for Daisy BB Guns). Furthermore, its proximity to popular tourist destinations like Eureka Springs, Branson, Missouri, and Silver Dollar City adds to its appeal. The area also features established industries including Nighthawk Custom Firearms, Wilson Arms, Tyson Foods, and Midstate Specialty Eggs, creating a strong foundation for future development and growth. This expansive tract offers unparalleled potential for a variety of commercial and industrial ventures, capitalizing on the unique combination of tax incentives, infrastructure, and strategic location. The permitted zoning is commercial.

Property Features for 480 Us-62

General Information

Property type
Land
Lot Size
12,196,800 SF

HighLights

  • Opportunity Zone designation offering significant tax advantages.
  • Existing city services and utilities.
  • No city property taxes.
  • Three eco‑friendly businesses already operating.
  • Excellent accessibility, located north of Hwy 62 and east of Hailey Rd, just outside Berryville.
  • Strong retail trade area encompassing Bentonville and Rogers.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Berryville
County
Carroll
State
Arkansas
Longitude
-93.539644
Latitude
36.356019

FAQs

What type of property is this?
Land - 280 Acres, Opportunity Zone, Tax Incentives
Where is this land located?
The property is located at 480 Us-62 Berryville, AR.
What are key features of this property?
This property features: Opportunity Zone designation offering significant tax advantages.; Existing city services and utilities.; No city property taxes.
More about this property
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