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    486 Ar 59 Hwy Decatur, AR 72722

    Sponsored
    For Sale
    $382,900

    Prime Decatur acreage, business potential.

    Property size:
    1,224 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering encompasses 1,224 square feet across a generous 3+ acre parcel situated on Highway 59 in Decatur, Arkansas, zip code 72722. The property boasts a convenient location, within walking distance of essential amenities including a bank, family clinic, and local stores, ensuring high visibility and accessibility. The existing structure, currently utilized as a business, presents a versatile opportunity for conversion into a small apartment or mother-in-law suite, expanding potential income streams. Outdoor features include an inviting entertainment deck complete with a fire pit, ideal for relaxation or client gatherings. A private walking trail at the rear of the property offers a tranquil escape. This property is listed at $382,900 and presents a unique blend of commercial potential and attractive outdoor spaces, making it an ideal investment for entrepreneurs and developers alike. The property is located in Benton County. The land is zoned for commercial use.

    Property Features for 486 Ar 59 Hwy

    General Information

    Property type
    Land
    Square Feet
    1,224 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Decatur
    County
    benton
    State
    Arkansas
    Longitude
    -94.4590674
    Latitude
    36.3390231

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    FAQs

    What type of property is this?
    Land - Prime Decatur acreage, business potential.
    Where is this land located?
    The property is located at 486 Ar 59 Hwy Decatur, AR.
    What is the asking price?
    The asking price for this property is $382,900.
    (479) 326-7224
    Request Owner's contact information
    486 Ar 59 Hwy Decatur, AR 72722
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    Decatur, AR 72722
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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
    486 Ar 59 Hwy Decatur, AR 72722
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