Property profile

0 Main St Austin, AR 72007

OFF-MARKET
Land
62 ac lot
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Property summary

AI-generated overview

This exceptional 62-acre land parcel presents a significant development opportunity in Austin, Arkansas. Strategically located at the intersection of W Main Street and Ernie Davis Road, the property boasts unparalleled visibility along Highway 67, a major thoroughfare with approximately 33,000 vehicles passing daily. The asking price is $795,000, offering an attractive investment opportunity. The site is conveniently situated outside Cabot city limits, yet benefits from a strong surrounding population exceeding 42,500 within a 5-mile radius, encompassing over 15,800 households with an average household income of $71,289. High traffic counts on both Highway 67 (33,000 vehicles per day) and W Main Street (approximately 7,000 vehicles per day) ensure maximum exposure for any development. This prime location is ideal for a variety of commercial or residential projects, including retail centers, mixed-use complexes, or residential communities. The property's size and location make it a rare find for developers seeking high-visibility land in a growing area. This is a unique chance to acquire a substantial piece of highway frontage property in the heart of Austin, Arkansas. The property is zoned for both commercial and residential use.

Property profile

Verified
Property type Land
Lot 62 ac (2,700,720 SF)

Cap rate & NOI

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

Location

Main St Austin, AR 72007
Austin metro
Google Maps

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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