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    Main St Austin, AR 72007

    Sponsored
    For Sale
    $795,000

    62 Acres, Hwy 67 Frontage, Austin, AR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 62-acre land parcel presents a significant development opportunity in Austin, Arkansas. Strategically located at the intersection of W Main Street and Ernie Davis Road, the property boasts unparalleled visibility along Highway 67, a major thoroughfare with approximately 33,000 vehicles passing daily. The asking price is $795,000, offering an attractive investment opportunity. The site is conveniently situated outside Cabot city limits, yet benefits from a strong surrounding population exceeding 42,500 within a 5-mile radius, encompassing over 15,800 households with an average household income of $71,289. High traffic counts on both Highway 67 (33,000 vehicles per day) and W Main Street (approximately 7,000 vehicles per day) ensure maximum exposure for any development. This prime location is ideal for a variety of commercial or residential projects, including retail centers, mixed-use complexes, or residential communities. The property's size and location make it a rare find for developers seeking high-visibility land in a growing area. This is a unique chance to acquire a substantial piece of highway frontage property in the heart of Austin, Arkansas. The property is zoned for both commercial and residential use.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    2,700,720 SF

    HighLights

    • Reduced price: $795,000.
    • High visibility on Highway 67.
    • High traffic counts: 33,000 VPD on Highway 67 and 7,000 VPD on W Main Street.
    • Located outside Cabot city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Austin
    County
    Lonoke
    State
    Arkansas
    Longitude
    -91.989091248693
    Latitude
    35.008673571106

    Nearby Comparable

    • $1,400,000

      Highway Frontage Commercial Land

      58 acres with frontage on future I-57.
      67/167 Hwy, Austin, AR
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    • $3,300,000
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      Austin Oaks Apartment Complex

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      58.68 Acres Commercial Land

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      Four-Unit Multifamily Investment Opportunity

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    • $1,650,000
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      270+ Acre Recreational Haven

      Secluded acreage with development potential near Cabot, Arkansas.
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    • $199,000

      Land with Highway Frontage

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      67/167 Highway 367, Cabot, AR 72023
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    • $475,000
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      Commercial Land with Highway Frontage

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    • $449,900
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      36.83 Acres in Cabot District

      36.83 acres in Cabot school district with pastures and ponds.
      2344 Ed Haymes Rd, Austin, AR 72007
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    • $349,000
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      Cabot, AR Commercial Land Opportunity

      1.14 Acres, Prime Hwy 367 Location
      Highway 367, Cabot, AR 72023
      View Details

    Nearby Similar for Sale

    • $339,900
      3,672 SF

      Four-Unit Multifamily Investment Opportunity

      Two duplexes with income potential in Austin, Arkansas.
      504-506 S Pool St, Austin, AR 72007
      View Details
    • $225,000
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      Prime Austin, AR Land Opportunity

      3-Acre Tract - $225,000
      32 Shurley Ln, Austin, AR 72007
      View Details
    • $3,300,000
      1.83 Acres

      Austin Oaks Apartment Complex

      31-Unit Class A Multifamily Investment
      201 2Nd St, Austin, AR 72007
      View Details

    FAQs

    What type of property is this?
    Land - 62 Acres, Hwy 67 Frontage, Austin, AR
    Where is this land located?
    The property is located at Main St Austin, AR.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Reduced price: $795,000.; High visibility on Highway 67.; High traffic counts: 33,000 VPD on Highway 67 and 7,000 VPD on W Main Street.
    Request Owner's contact information
    Main St Austin, AR 72007
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    Austin, AR 72007
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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 Austin, AR 72007
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