Property profile

16482 Highway 65 Damascus, AR 72039

OFF-MARKET
Commercial real estate
3.15 ac lot Built 2002
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Property summary

AI-generated overview

This exceptional 3.15-acre property located at 16482 Hwy 65 S in Damascus, Arkansas, presents a unique opportunity for investors and developers. The expansive lot offers significant potential for a variety of uses, subject to local zoning regulations. Its strategic location on Highway 65 S provides excellent visibility and accessibility, making it an attractive site for commercial ventures or residential development. The property's size allows for ample space for construction, landscaping, and potential future expansion. Given its considerable acreage and convenient highway access, this land parcel represents a compelling investment opportunity in a growing area. Detailed site surveys and environmental assessments are recommended to fully understand the property's potential and to inform any development plans. Prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended purpose. The property is being offered at $299,500. This price reflects the significant potential of the land and its prime location. Serious inquiries are welcome. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Property profile

Verified
Property type Commercial real estate
Year built 2002
Lot 3.15 ac (137,214 SF)

Cap rate & NOI

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

Location

16482 Highway 65 Damascus, AR 72039
Damascus 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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