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    OFF-MARKET
    Land

    0 Main St, Austin, AR 72007

    62 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 62 ac (2,700,720 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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