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    Hwy 321 & Kerr Sta Cabot, AR 72023

    Sponsored
    For Sale
    $462,600

    1.3-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This 1.3-acre commercial lot in Cabot, Arkansas, presents a unique investment opportunity. Located at the intersection of Highway 321 and Kerr Station Road, this C-2 zoned property boasts exceptional visibility and accessibility. With approximately 585 feet of frontage on Highway 321, the lot benefits from a combined daily traffic count of 30,000 vehicles. Its prime location is adjacent to a Casey's General Store and the Cabot Aquatic & Sports Center, ensuring high foot traffic. Further enhancing its value, a significant highway expansion project is underway, widening Highway 321 to five lanes and adding sidewalks directly along the property's frontage, promising a substantial increase in future traffic. City utilities are readily available. The land is priced at $462,600, or $8.17 per square foot. This corner lot offers excellent ingress and egress, making it ideal for a variety of commercial ventures. The property's strategic location within a growing community, coupled with the upcoming highway improvements, positions it for strong future appreciation. Don't miss this chance to acquire a highly visible and well-situated commercial parcel in a thriving Arkansas market. The zip code is 72023, and the property is located in Lonoke County.

    Property Features for 0 Hwy 321 & Kerr Sta

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • High‑visibility corner lot with 585 feet of frontage on Highway 321.
    • Excellent ingress/egress with high visibility.
    • Prime location adjacent to Casey's General Store and Cabot Aquatic Park & Sports Complex.
    • Highway 321 expansion to five lanes underway; current traffic count: 18,000 vehicles per day (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cabot
    County
    Lonoke
    State
    Arkansas
    Longitude
    -92.0205153
    Latitude
    34.939404

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    FAQs

    What type of property is this?
    Land - 1.3-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at Hwy 321 & Kerr Sta Cabot, AR.
    What is the asking price?
    The asking price for this property is $462,600.
    What are key features of this property?
    This property features: High-visibility corner lot with 585 feet of frontage on Highway 321.; Excellent ingress/egress with high visibility.; Prime location adjacent to Casey's General Store and Cabot Aquatic Park & Sports Complex.
    (501) 843-1515
    Request Owner's contact information
    Hwy 321 & Kerr Sta Cabot, AR 72023
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    Cabot, AR 72023
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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
    Hwy 321 & Kerr Sta Cabot, AR 72023
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