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    Tbd Hwy 62/412 Salem, AR 72576

    Sponsored
    For Sale
    $119,000

    High-traffic retail space, 3 acres.

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a unique investment opportunity in Salem, Arkansas. Located on the highly visible US Highway 62/412 East, this 3-acre lot boasts significant highway frontage, ensuring maximum exposure for your business. The property includes an existing 1,200 square foot commercial building, offering immediate usability and potential for expansion. The strategic location near Salem, Arkansas, and its proximity to Lake Norfork, provides access to a robust local market and a thriving tourist base. High traffic volume guarantees significant visibility and potential for substantial returns. The property's versatility allows for a wide range of commercial uses, making it an ideal choice for entrepreneurs seeking a prime location with endless possibilities. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area of Fulton County, Arkansas. The asking price is $119,000. Don't miss out on this chance to establish your business in a high-growth area.

    Property Features for 0 Tbd Hwy 62/412

    General Information

    Property type
    Investment properties
    Square Feet
    1,200 SF
    Lot Size
    130,680 SF

    HighLights

    • Commercial property investment opportunity in Salem, Arkansas.
    • High‑visibility location on US Highway 62/412 East with significant highway frontage.
    • Located in Fulton County, Arkansas.
    • Includes a 1,200 sq ft commercial building.
    • Near Lake Norfork, offering access to a strong local and tourist market.
    • Prime location in Salem, Arkansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.8302696
    Latitude
    36.3694169

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Investment property - High-traffic retail space, 3 acres.
    Where is this investment property located?
    The property is located at Tbd Hwy 62/412 Salem, AR.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Commercial property investment opportunity in Salem, Arkansas.; High-visibility location on US Highway 62/412 East with significant highway frontage.; Located in Fulton County, Arkansas.
    Request Owner's contact information
    Tbd Hwy 62/412 Salem, AR 72576
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    Salem, AR 72576
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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
    Tbd Hwy 62/412 Salem, AR 72576
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