Current Use by Public Records
- Land
Property Details for 00 Hwy 321 & Kerr Sta
- Lot size
- 1.75 lot acres
- Property type
- Land
Description
This exceptional 1.75-acre commercial land parcel presents a remarkable investment opportunity in Cabot, Arkansas. Strategically located at the highly visible intersection of Highway 321 and Kerr Station Road, this property boasts 324 feet of frontage on Highway 321, ensuring maximum exposure to the substantial daily traffic volume of 18,000 vehicles. The C-2 zoning allows for a variety of commercial uses, and city utilities are readily available. Its prime location offers excellent ingress and egress, further enhancing its appeal. The property is situated adjacent to a Casey's General Store and the Cabot Aquatic & Sports Center, benefiting from existing high foot traffic. Furthermore, a significant increase in pedestrian activity is anticipated with the ongoing expansion of Highway 321 to five lanes, which includes plans for sidewalks directly along the property. This development, coupled with the construction of a new church in the immediate vicinity, promises continued growth and increased commercial viability. The land is priced at $967,000, representing a land value of $12.69 per square foot. This is a rare opportunity to acquire a high-visibility commercial lot in a rapidly developing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cabot
- County
- Lonoke
- State
- Arkansas
- Longitude
- -92.0205
- Latitude
- 34.9394
