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    OFF-MARKET
    Land

    0 Hwy 321 & Kerr Sta, Cabot, AR 72023

    1.3 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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