0 Tbd Hwy 62, Salem, AR 72576
This exceptional 11-acre commercial property boasts prime highway frontage on Highway 62 East, near Salem, Arkansas, in Fulton County. The mostly open land presents significant development potential for various business ventures, capitalizing on its high-traffic location. A small seasonal creek adds a natural element to the landscape. Multiple building sites are available, suitable for commercial structures or even a home or cabin. The property's versatility extends to potential uses as a small hobby farm. Existing infrastructure includes on-site electricity, with rural water readily available. Conveniently located approximately 2.5 miles east of Salem, past the concrete plant, this property offers easy access and visibility. Its location in the Ozark region, near Lake Norfork, adds to its appeal. This is an ideal opportunity for entrepreneurs seeking a strategic location in North Central Arkansas for business development or a unique rural property investment. The asking price is $75,000. The property's zip code is 72576.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.