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    Northridge Dr Legacy Business Park Van Buren, AR 72956

    Sponsored
    For Sale
    $195,000

    Van Buren commercial land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2.23-acre commercial lot in Van Buren, Arkansas's Legacy Business Park, is priced at $195,000. Zoned C-2, it's ideally suited for office, retail, or multi-family development. The property boasts a prime location less than a mile north of Interstate 40, providing exceptional access to a large customer base, employees, and residences. The high-growth area benefits from significant traffic volume, with Highway 59 averaging 23,000 cars daily and I-40 seeing 23,500. A signaled intersection at the development entrance ensures easy access. Future development plans include extending Northridge Drive to Oliver Springs Road, further enhancing connectivity to the northeast residential areas and the developing retail corridor along Highway 59. This strategic location offers significant potential for investors seeking a high-traffic, rapidly growing commercial site in Crawford County, Arkansas, zip code 72956. The property is located on Northridge Drive.

    Property Features for 0 Northridge Dr Legacy Business Park

    General Information

    Property type
    Land
    Lot Size
    97,139 SF

    HighLights

    • 2.23‑acre commercial lot in Van Buren, AR's Legacy Business Park, priced at $195,000.
    • C‑2 zoning allows for office, retail, or multi‑family development.
    • Prime location less than one mile from I‑40, offering excellent access and high visibility.
    • High traffic area: Highway 59 averages 23,000 vehicles daily, I‑40 averages 23,500.
    • Signalized intersection at development entrance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Van Buren
    County
    Crawford
    State
    Arkansas
    Longitude
    -94.353473
    Latitude
    35.4759229

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    FAQs

    What type of property is this?
    Land - Van Buren commercial land, high traffic area.
    Where is this land located?
    The property is located at Northridge Dr Legacy Business Park Van Buren, AR.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 2.23-acre commercial lot in Van Buren, AR's Legacy Business Park, priced at $195,000.; C-2 zoning allows for office, retail, or multi-family development.; Prime location less than one mile from I-40, offering excellent access and high visibility.
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    Northridge Dr Legacy Business Park Van Buren, AR 72956
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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
    Northridge Dr Legacy Business Park Van Buren, AR 72956
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