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    11301 Ar-72 Centerton, AR 72719

    Sponsored
    For Sale
    $4,100,000

    22 Acres, C-2 Zoning, Centerton, AR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 22.31-acre commercial land parcel presents a prime development opportunity in the thriving Centerton, Arkansas market. Strategically located directly off Highway 72, this property boasts a highly desirable C-2 Highway Commercial zoning designation, ideal for a wide range of businesses catering to high-volume highway traffic. Permitted uses include, but are not limited to, service stations, drive-in restaurants, motels, and supermarkets. The land itself is notably cleared and level, simplifying development and minimizing site preparation costs. The property's convenient location ensures excellent visibility and accessibility for potential businesses. Furthermore, essential utilities are readily available on-site, including water and sewer connections, streamlining the development process and reducing infrastructure expenses. With its expansive size, prime location, and versatile zoning, this property represents a significant investment opportunity with substantial potential for future growth and profitability. The property's APN is 06-00047-245, 06-00047-356. This offering is priced at $4,100,000.

    Property Features for 11301 Ar-72

    General Information

    Property type
    Land
    Lot Size
    971,824 SF

    HighLights

    • +/- 22‑acre parcel
    • C‑2 Highway Commercial zoning
    • Excellent development potential
    • Water and sewer available on‑site
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Kitchen & Bath Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centerton
    County
    Benton
    State
    Arkansas
    Longitude
    -94.275425
    Latitude
    36.3775128

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    FAQs

    What type of property is this?
    Land - 22 Acres, C-2 Zoning, Centerton, AR
    Where is this land located?
    The property is located at 11301 Ar-72 Centerton, AR.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: +/- 22-acre parcel; C-2 Highway Commercial zoning; Excellent development potential
    Request Owner's contact information
    11301 Ar-72 Centerton, AR 72719
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    Centerton, AR 72719
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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
    11301 Ar-72 Centerton, AR 72719
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