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    13.03 Acres Hwy 61 Luxora, AR 72358

    Sponsored
    For Sale
    $599,000

    Prime 13-Acre Development Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.03-acre vacant land parcel presents a unique investment opportunity in Luxora, Arkansas. Located on Highway 61, this property boasts high visibility and convenient access. Its strategic location offers proximity to both established businesses and potential growth areas. The site is ideally suited for a variety of commercial ventures, including the development of an RV park, as its ample space readily accommodates numerous RV pads and associated amenities. The seller is open to build-to-suit options, providing flexibility for potential buyers. The property's proximity to a Dollar General store and the steel mills in nearby Osceola further enhances its appeal and potential for strong returns. The asking price for this expansive tract is $599,000. This represents a compelling opportunity to acquire a significant land holding in a growing area of Mississippi County, Arkansas, with excellent potential for future development and profitability. The property is zoned for commercial use (verification required by buyer). Utilities are available (buyer to verify). This property is being sold "as is".

    Property Features for 0 13.03 Acres Hwy 61

    General Information

    Property type
    Land

    HighLights

    • 13.03‑acre vacant commercial land parcel in Luxora, AR, priced at $599,000.
    • High‑visibility location on Highway 61 with convenient access.
    • Suitable for various commercial uses, including an RV park.
    • Seller open to build‑to‑suit options.
    • Proximity to Dollar General and Osceola steel mills.
    • Zoned commercial (buyer to verify); utilities available (buyer to verify); sold "as is".
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Luxora
    County
    Mississippi
    State
    Arkansas
    Longitude
    -89.9268944
    Latitude
    35.8162202

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    FAQs

    What type of property is this?
    Land - Prime 13-Acre Development Tract
    Where is this land located?
    The property is located at 13.03 Acres Hwy 61 Luxora, AR.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 13.03-acre vacant commercial land parcel in Luxora, AR, priced at $599,000.; High-visibility location on Highway 61 with convenient access.; Suitable for various commercial uses, including an RV park.
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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
    13.03 Acres Hwy 61 Luxora, AR 72358
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