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    16482 Highway 65 Damascus, AR 72039

    • Commercial real estate
    • 3.15 lot acres
    For Sale
    View listing
    $299,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16482 Highway 65

    Year built
    2002
    Lot size
    3.15 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Damascus
    County
    Van Buren
    State
    Arkansas
    Longitude
    -92.3929
    Latitude
    35.3766

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      Hwy 65th S

      COMMERCIAL (GENERAL) • 0.05 Acres
      Hwy 65th S, Damascus, AR 72039
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    • Value Estimation by Request
      0.06 Acres

      1400 Hwy 65th N

      COMMERCIAL (GENERAL) • 0.06 Acres
      1400 Hwy 65th N, Twin Groves, AR 72039-9227
      View Details
    • Value Estimation
      $450,000
      3,600 SF

      1894 Hwy 124

      COMMERCIAL (GENERAL) • 3,600 SF
      1894 Hwy 124, Damascus, AR 72039
      View Details
    • Value Estimation
      $375,000
      4,573 SF

      1405 Hwy 65th N

      COMMERCIAL (GENERAL) • 4,573 SF
      1405 Hwy 65th N, Twin Groves, AR 72039-9227
      View Details
    • Value Estimation by Request

      65 Twin Grvs Ln

      COMMERCIAL (GENERAL)
      65 Twin Grvs Ln, Damascus, AR 72039-9247
      View Details
    • Value Estimation by Request
      0.01 Acres

      Damascus, AR 72039

      COMMERCIAL (GENERAL) • 0.01 Acres
      Damascus, AR 72039
      View Details

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    16482 Highway 65
    Damascus, AR 72039
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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