Property profile

Highway 9 Salem, AR 72576

OFF-MARKET
Commercial real estate
6.69 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 6.69-acre parcel presents a unique investment opportunity in Salem, Arkansas. Located directly on Highway 9 North, this property boasts high visibility and excellent accessibility, making it ideal for a variety of commercial ventures. The expansive acreage offers ample space for development, allowing for significant flexibility in design and usage. Whether you envision a retail establishment, a light industrial facility, or a mixed-use development, this site provides the foundation for a successful project. Its strategic location along a major thoroughfare ensures high traffic volume and strong potential for customer reach. The property's size and location offer significant potential for future appreciation, making it an attractive investment for both short-term and long-term goals. The absence of existing structures allows for complete customization, enabling the creation of a property tailored to specific business needs. Serious inquiries are encouraged to explore the possibilities this prime location offers. The asking price of $159,000 represents a compelling value for this substantial land holding in a growing area. Detailed site surveys and environmental reports are available upon request. Don't miss this chance to acquire a significant piece of commercial real estate in Salem, Arkansas. Act quickly, as opportunities like this are rare.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Lot 6.69 ac (291,416 SF)

Cap rate & NOI

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

Location

Highway 9 Salem, AR 72576
Salem 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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