1020 Speedway St, Dermott, AR 71638
This exceptional 21.82-acre commercial land parcel is ideally situated at 1020 E Speedway St in Dermott, Arkansas, Chicot County, zip code 71638. Priced competitively at $385,000, this property offers a unique investment opportunity. The land is classified as commercial and boasts a land value of $1 per square foot. Its convenient location right off the highway makes it highly accessible. The property's agricultural potential is significant, presenting a compelling prospect for various commercial ventures. While the listing mentions a living area of 950,479 square feet and a year built of 1997, these details likely refer to a separate structure on the land previously, and are not directly related to the current land offering. The latitude and longitude coordinates are 33.5280584 and -91.4243124 respectively. This expansive tract presents a rare chance to acquire a substantial piece of commercial real estate in a desirable Arkansas location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for development and offers significant potential for future growth. Don't miss this opportunity to own a substantial piece of Arkansas commercial land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.