Commercial Land with Interstate
For Sale
$4,500,000
Willie Ray Drive, Cabot, AR 72023
LAND - Cabot, AR
Lot Size57.80 Acres
Days on Market189
Property Features for Willie Ray Drive
General Information
Property type
Land
Property subtype
Other
Subdivision
Cabot City Area
Lot features
Sloped, Level, Wooded
Directions
North on I57, exit 19, Left onto Hwy 89, Right onto Willie Ray Drive, property is just past Olive Garden on the Left.
Standard status
Active
Lot size
57.80 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
12-4N-10
Tax Annual Amount
80
Legal Description
12-4N-10
Listing Agency:
Edge Realty
(501) 843-4663
Listed By:
Patrick Melikian
(501) 366-0859
Added: Jan 23
Changed: Jul 30
Last Checked: Jul 31 at 6:06AM
MLS# 26003446
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a 57.8-acre commercial land parcel on Willie Ray Drive in Cabot, Arkansas, presented as a development opportunity with high-visibility Interstate 57 frontage (formerly Hwy 67/167). The property is described as suited for Planned Development (commercial/mixed-use) and big box retail, with city utilities available.
The site is currently zoned R-1. The property is noted as adjacent to a newly constructed Olive Garden, and the remarks reference an estimated daily traffic count of 44,000.
Given the existing zoning, prospective buyers should plan for the entitlement process needed to align the site’s permitted uses with the proposed development direction.
The site is currently zoned R-1. The property is noted as adjacent to a newly constructed Olive Garden, and the remarks reference an estimated daily traffic count of 44,000.
Given the existing zoning, prospective buyers should plan for the entitlement process needed to align the site’s permitted uses with the proposed development direction.
Key Highlights
- 57.8‑acre development site with Interstate 57 frontage (formerly Hwy 67/167)
- Estimated daily traffic count of 44,000
- Planned Development (commercial/mixed‑use) noted for the proposed use
Property Analytics
Current Use
Lease Details
44,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 57.8-acre commercial land with high visibility and Interstate 57 frontage near a newly built Olive Garden.
Where is this commercial land located?
The property is located at Willie Ray Drive Cabot, AR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 57.8‑acre development site with Interstate 57 frontage (formerly Hwy 67/167); Estimated daily traffic count of 44,000; Planned Development (commercial/mixed‑use) noted for the proposed use
