Property profile

1020 Speedway St Dermott, AR 71638

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial land parcel, located at 1020 E Speedway St in Dermott, Arkansas (zip code 71638), is offered at $150,000. The land is priced at $1 per square foot. This property is part of a larger 46-acre site, previously occupied by a cotton mill, and is currently being offered for sale as Tract 2 of 6. The entire 46-acre site may be purchased, or individual tracts can be acquired separately. This property boasts highway frontage and presents a significant opportunity for various commercial ventures, including manufacturing, distribution, or warehousing. Built in 1997, the former cotton mill complex features a substantial 217,800 square feet of floor space (although this is not included in the 5-acre lot being offered). A first right of refusal is in place. This is a rare opportunity to acquire a strategically located commercial property in Chicot County, Arkansas. The property's location offers excellent access to transportation networks, making it an attractive option for businesses seeking efficient logistics. Further details regarding the price breakdown for each tract are available upon request.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

1020 Speedway St Dermott, AR 71638
Dermott metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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
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