Technical
Financial
Distress signals
Property profile

388 Highway 62 Salem, AR 72576

OFF-MARKET
Industrial properties
10,870 SF 2.84 ac lot Built 1970
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,870-square-foot industrial manufacturing facility, located at 388 Highway 62 East in Salem, Arkansas, presents a compelling investment opportunity. Situated on a generous 2.84-acre lot, this single-story Class C building was constructed in 1970 and offers ample parking. The property is currently vacant, providing immediate occupancy for a new owner. The building's layout comprises a substantial 4,891 square feet dedicated to industrial space (45% of the total) and a significant 5,978 square feet of office space (55%). This versatile configuration caters to a wide range of manufacturing or industrial uses. The asking price is $215,000, and the annual property taxes are $2,237.20. The property's address is 388 Hwy 62 E, Salem, AR 72576, within Fulton County. Its convenient location offers easy access to key transportation routes, making it an ideal location for businesses needing efficient logistics. This property represents a rare chance to acquire a well-situated, sizable industrial building at an attractive price point. Don't miss this opportunity to secure a valuable asset in a growing market.

Property profile

Verified
Property type Industrial properties
Year built 1970
Total area 10,870 SF
Lot 2.84 ac (123,710 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

388 Highway 62 Salem, AR 72576
Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 388 Highway 62?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message