Property profile

61 13.03 Acres Hwy Luxora, AR 72358

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 13.03-acre vacant land parcel presents a unique investment opportunity in Luxora, Arkansas. Located on Highway 61, this property boasts high visibility and convenient access. Its strategic location offers proximity to both established businesses and potential growth areas. The site is ideally suited for a variety of commercial ventures, including the development of an RV park, as its ample space readily accommodates numerous RV pads and associated amenities. The seller is open to build-to-suit options, providing flexibility for potential buyers. The property's proximity to a Dollar General store and the steel mills in nearby Osceola further enhances its appeal and potential for strong returns. The asking price for this expansive tract is $599,000. This represents a compelling opportunity to acquire a significant land holding in a growing area of Mississippi County, Arkansas, with excellent potential for future development and profitability. The property is zoned for commercial use (verification required by buyer). Utilities are available (buyer to verify). This property is being sold "as is".

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

61 13.03 Acres Hwy Luxora, AR 72358
Luxora metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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