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Property profile & analytics
OFF-MARKET
Land

685/687 Highway 365 Mayflower, AR 72106

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre commercial development site is strategically located at 685/687 Hwy. 365 in Mayflower, Arkansas, zip code 72106. Priced at $450,000, this property offers significant potential for a variety of commercial ventures. The land is level and clear, boasting excellent visibility due to its proximity to major roadways. Specifically, it benefits from high traffic counts, with 70,000 vehicles per day on I-40 and 4,300 vehicles per day on Hwy 365. Utilities are readily available, with gas, electric, and sewer lines extending to the property boundary. This prime location is further enhanced by its proximity to established businesses, including Lumber 1 Home Center, True Value Hardware, Fred's, Sonic, First Security Bank, Regions Bank, and Mayflower Elementary School. This presents a unique opportunity to capitalize on a thriving commercial area with strong existing infrastructure and high consumer traffic. The property's location in Faulkner County, Arkansas, provides access to a growing community and a robust local economy. This is an ideal site for developers seeking a high-visibility location with excellent access and established infrastructure. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 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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