1020 Speedway St, Dermott, AR 71638
This exceptional 1-acre commercial land parcel is strategically located at 1020 E Speedway St in Dermott, Arkansas, within Chicot County (zip code 71638). The property boasts a highly desirable location directly on a busy highway, offering excellent visibility and accessibility for any commercial venture. Previously utilized as the office for a cotton gin, the site presents a unique opportunity for redevelopment or repurposing. The land is priced at $125,000, translating to a land value of $88 per square foot. Built in 1997, the property includes ample parking for 10 vehicles. This prime location, combined with its existing infrastructure and convenient highway access, makes it an ideal investment for a variety of commercial uses. The property's size and location offer significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Coordinates: Latitude 33.5280584, Longitude -91.4243124.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.