Property profile

0 Tbd Hwy 62/412 Salem, AR 72576

OFF-MARKET
Retail properties & Spaces
1,200 SF 3 ac lot
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in Salem, Arkansas. Located on the highly visible US Highway 62/412 East, this 3-acre lot boasts significant highway frontage, ensuring maximum exposure for your business. The property includes an existing 1,200 square foot commercial building, offering immediate usability and potential for expansion. The strategic location near Salem, Arkansas, and its proximity to Lake Norfork, provides access to a robust local market and a thriving tourist base. High traffic volume guarantees significant visibility and potential for substantial returns. The property's versatility allows for a wide range of commercial uses, making it an ideal choice for entrepreneurs seeking a prime location with endless possibilities. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area of Fulton County, Arkansas. The asking price is $119,000. Don't miss out on this chance to establish your business in a high-growth area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,200 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

Tbd Hwy 62/412 Salem, AR 72576
Salem metro
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Value estimations

Realmo proprietary · 4 methods
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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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