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    West Memphis, AR 72301

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    For Sale
    Contact for pricing

    85 Acres, Hwy 70 Frontage, Subdividable

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 85-acre commercial land offering presents a unique investment opportunity in West Memphis, Arkansas. Strategically located on West Broadway (US Hwy 70), the property boasts significant frontage and is zoned for diverse uses. The property is divided into two tracts. Tract 1 encompasses 33 acres with approximately 1,090 feet of frontage on US Hwy 70. This tract features C-1 Commercial zoning along the highway to a depth of approximately 500 feet, transitioning to O-1 Quiet Office zoning for the remaining acreage. Tract 2 comprises 52 acres with roughly 1,245 feet of frontage along College Boulevard and is zoned R-2 Residential. Both tracts benefit from existing utilities, including natural gas supplied by Centerpoint Energy. The property's prime location offers excellent visibility and accessibility, situated near Mid-South Community College, West Memphis Municipal Airport, and the Oak Creek Plantation residential development. The flexible zoning allows for a variety of development options, including commercial buildings, office spaces, and residential projects. Subdivision possibilities exist to tailor the property to specific needs. Pricing will be determined based on the chosen configuration and intended use. This is an exceptional opportunity to acquire a large parcel of land in a rapidly growing area.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    3,702,600 SF

    HighLights

    • 33‑acre tract with 1,090' of frontage on US 70 (Broadway). C‑1 Commercial zoning for 500' depth along Broadway, O‑1 Quiet Office zoning for the remainder.
    • 52‑acre tract with 1,245' of frontage on College Blvd, R‑2 Residential zoning. Adjacent to Mid‑South Community College, West Memphis Municipal Airport, and Oak Creek Plantation.
    • Both tracts have existing utilities.
    • Pricing is negotiable based on desired configuration and use.
    • Subdivision options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.1921763
    Latitude
    35.1464632

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    FAQs

    What type of property is this?
    Land - 85 Acres, Hwy 70 Frontage, Subdividable
    Where is this land located?
    The property is located at West Memphis, AR.
    What are key features of this property?
    This property features: 33-acre tract with 1,090' of frontage on US 70 (Broadway). C-1 Commercial zoning for 500' depth along Broadway, O-1 Quiet Office zoning for the remainder.; 52-acre tract with 1,245' of frontage on College Blvd, R-2 Residential zoning. Adjacent to Mid-South Community College, West Memphis Municipal Airport, and Oak Creek Plantation.; Both tracts have existing utilities.
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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
    West Memphis, AR 72301
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