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    OFF-MARKET
    Land

    11301 Ar-72, Centerton, AR 72719

    22.31 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.31-acre commercial land parcel presents a prime development opportunity in the thriving Centerton, Arkansas market. Strategically located directly off Highway 72, this property boasts a highly desirable C-2 Highway Commercial zoning designation, ideal for a wide range of businesses catering to high-volume highway traffic. Permitted uses include, but are not limited to, service stations, drive-in restaurants, motels, and supermarkets. The land itself is notably cleared and level, simplifying development and minimizing site preparation costs. The property's convenient location ensures excellent visibility and accessibility for potential businesses. Furthermore, essential utilities are readily available on-site, including water and sewer connections, streamlining the development process and reducing infrastructure expenses. With its expansive size, prime location, and versatile zoning, this property represents a significant investment opportunity with substantial potential for future growth and profitability. The property's APN is 06-00047-245, 06-00047-356. This offering is priced at $4,100,000.

    Property profile
    Verified
    Property type Land
    Lot 22.31 ac (971,824 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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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