Property profile

7 & Nc 3309 Harrison, AR 72601

OFF-MARKET
Land
144.39 ac lot
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Property summary

AI-generated overview

This exceptional 144.39-acre commercial land parcel presents a remarkable investment opportunity in Marble Falls, Arkansas, zip code 72601. Located conveniently at the intersection of Hwy 7 & NC 3309, this unimproved land boasts significant development potential, situated near the upcoming Marble Falls Nature Park, a project spearheaded by Bass Pro Shops' Johnny Morris. The property's strategic location offers excellent visibility and accessibility. Currently, a single-family residence on the property generates a consistent annual rental income of $16,800, providing immediate cash flow. This existing structure could be incorporated into a larger development plan or utilized independently. The expansive acreage allows for a wide range of commercial development possibilities, catering to various business needs and ventures. The property's prime location and the anticipated growth spurred by the nearby nature park make this a compelling investment for both short-term and long-term returns. Detailed surveys and environmental assessments are recommended to fully explore the development potential of this significant land holding. The asking price for this exceptional property is $1,545,000. This presents a unique chance to acquire a substantial commercial land asset in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 144.39 ac (6,289,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 & Nc 3309 Harrison, AR 72601
Harrison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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