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    OFF-MARKET
    Land

    0 Tbd Hwy 62, Salem, AR 72576

    11 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 11 ac (479,160 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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