Property profile

62/412 Hwy Highland, AR 72542

OFF-MARKET
Land
0.92 ac lot
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Property summary

AI-generated overview

This exceptional 0.92-acre commercial lot presents a remarkable investment opportunity in Highland, Arkansas. Located on Highway 62/412, this property boasts a desirable location with excellent visibility and accessibility. The lot measures approximately 200 feet by 150 feet, offering a sizable, flat site perfectly suited for immediate development. Its commercial zoning allows for a wide range of uses, making it an ideal choice for entrepreneurs and investors alike. The property's strategic position places it in close proximity to a variety of established businesses, including a car dealership, fast-food restaurants, retail outlets, and residential areas, ensuring high traffic flow and potential customer base. Situated just south of Hardy, this lot benefits from the convenience of a thriving community while maintaining a prominent roadside presence. The asking price of $97,000 represents a compelling value for this ready-to-develop commercial land parcel in a high-growth area of Sharp County, Arkansas, zip code 72542. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential.

Property profile

Verified
Property type Land
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

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

Location

62/412 Hwy Highland, AR 72542
Highland 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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