Property profile

0 Hwy 321 & Kerr Sta Cabot, AR 72023

OFF-MARKET
Land
1.3 ac lot
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Property summary

AI-generated overview

This 1.3-acre commercial lot in Cabot, Arkansas, presents a unique investment opportunity. Located at the intersection of Highway 321 and Kerr Station Road, this C-2 zoned property boasts exceptional visibility and accessibility. With approximately 585 feet of frontage on Highway 321, the lot benefits from a combined daily traffic count of 30,000 vehicles. Its prime location is adjacent to a Casey's General Store and the Cabot Aquatic & Sports Center, ensuring high foot traffic. Further enhancing its value, a significant highway expansion project is underway, widening Highway 321 to five lanes and adding sidewalks directly along the property's frontage, promising a substantial increase in future traffic. City utilities are readily available. The land is priced at $462,600, or $8.17 per square foot. This corner lot offers excellent ingress and egress, making it ideal for a variety of commercial ventures. The property's strategic location within a growing community, coupled with the upcoming highway improvements, positions it for strong future appreciation. Don't miss this chance to acquire a highly visible and well-situated commercial parcel in a thriving Arkansas market. The zip code is 72023, and the property is located in Lonoke County.

Property profile

Verified
Property type Land
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

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

Location

Hwy 321 & Kerr Sta Cabot, AR 72023
Cabot metro
Google Maps

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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