Property profile

11301 Ar-72 Centerton, AR 72719

OFF-MARKET
Land
22.31 ac lot
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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

Location

11301 Ar-72 Centerton, AR 72719
Centerton 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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