West Memphis, AR 72301
This exceptional 85-acre commercial land offering presents a unique investment opportunity in West Memphis, Arkansas. Strategically located on West Broadway (US Hwy 70), the property boasts significant frontage and is zoned for diverse uses. The property is divided into two tracts. Tract 1 encompasses 33 acres with approximately 1,090 feet of frontage on US Hwy 70. This tract features C-1 Commercial zoning along the highway to a depth of approximately 500 feet, transitioning to O-1 Quiet Office zoning for the remaining acreage. Tract 2 comprises 52 acres with roughly 1,245 feet of frontage along College Boulevard and is zoned R-2 Residential. Both tracts benefit from existing utilities, including natural gas supplied by Centerpoint Energy. The property's prime location offers excellent visibility and accessibility, situated near Mid-South Community College, West Memphis Municipal Airport, and the Oak Creek Plantation residential development. The flexible zoning allows for a variety of development options, including commercial buildings, office spaces, and residential projects. Subdivision possibilities exist to tailor the property to specific needs. Pricing will be determined based on the chosen configuration and intended use. This is an exceptional opportunity to acquire a large parcel of land in a rapidly growing area.
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
Similar Nearby for Sale
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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.