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    Main St Farmington, AR 72730

    For Sale
    $2,860,000

    High-visibility, prime commercial acreage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land offering presents a rare opportunity in the thriving Farmington, Arkansas market. Encompassing approximately 2.6 acres, this property boasts 280 feet of frontage on West Main Street, a major thoroughfare with over 29,000 vehicles passing daily. Its ideal location is surrounded by established businesses including Casey's General Store, Taco Bell, and a Walmart Neighborhood Market, ensuring high visibility and convenient access for potential customers. The property's proximity to Farmington High School, a recently constructed $16 million sports complex, and its close distance (under 1.6 miles) to these amenities, combined with its location only 6 miles from the University of Arkansas and Razorback Stadium, makes it exceptionally attractive for a wide range of commercial ventures. The site itself is level and clear, ready for immediate development. Furthermore, the parcel is conveniently located almost directly across from City Hall. The property is zoned for commercial use and offers the potential for subdivision into smaller parcels: approximately 0.65 acres are available for $1,200,000, and approximately 1.94 acres are available for $1,999,900. The asking price for the entire 2.6-acre parcel is $2,860,000. This presents a strategic investment opportunity in a rapidly growing area where quality development sites are becoming increasingly scarce. The property's APN numbers are 760-01626-004, 760-01183-000, and 760-01184-000.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    28,314 SF

    HighLights

    • High‑visibility 2.6‑acre commercial development site in Farmington.
    • 280' of frontage on W. Main Street, with over 29,000 vehicles per day.
    • Rare opportunity in a rapidly growing area of Farmington, exceeding state population growth averages.
    • Level, clear site with excellent commercial development potential in a desirable NWA location.
    • Surrounded by popular businesses including Casey's, Taco Bell, and Walmart Neighborhood Market.
    • Less than 1.6 miles from Farmington High School and a new $16 million sports complex; 6 miles from the University of Arkansas and Razorback Stadium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    Washington
    State
    Arkansas
    Longitude
    -94.255209092774
    Latitude
    36.038488276195

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    FAQs

    What type of property is this?
    Land - High-visibility, prime commercial acreage.
    Where is this land located?
    The property is located at Main St Farmington, AR.
    What is the asking price?
    The asking price for this property is $2,860,000.
    What are key features of this property?
    This property features: High-visibility 2.6-acre commercial development site in Farmington.; 280' of frontage on W. Main Street, with over 29,000 vehicles per day.; Rare opportunity in a rapidly growing area of Farmington, exceeding state population growth averages.
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    Main St Farmington, AR 72730
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    Farmington, AR 72730
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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
    Main St Farmington, AR 72730
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