685/687 Highway 365 Mayflower, AR 72106
- Land
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 685/687 Highway 365
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
This exceptional 3-acre commercial land parcel, located at 685/687 Hwy 365 in Mayflower, Arkansas (zip code 72106), presents a unique investment opportunity. The property boasts excellent visibility, situated along Hwy 365, which sees 4,300 vehicles per day, and benefits from proximity to I-40, a major thoroughfare with a daily traffic count of 70,000 vehicles. This translates to significant exposure for any commercial development. The land itself is level and clear, ready for immediate development. Existing utilities at the property boundary include gas, electric, and sewer, simplifying the construction process and reducing upfront costs. The area is already home to a thriving commercial landscape, with established businesses such as Lumber 1 Home Center, True Value Hardware, Fred's, Sonic, First Security Bank, Regions Bank, and Mayflower Elementary School nearby, creating a strong and diverse community. This prime location offers unparalleled potential for a variety of commercial ventures, making it an attractive investment for developers and entrepreneurs alike. The asking price for this exceptional property is $588,000. Don't miss this chance to secure a highly visible and conveniently located commercial lot in a growing Arkansas community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mayflower
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4248
- Latitude
- 34.949