62 Lot 1-4 Hwy, Farmington, AR 72753
This exceptional commercial land offering presents a unique investment opportunity in Prairie Grove, Arkansas. Located along Highway 62, these lots boast unparalleled visibility and accessibility, situated directly adjacent to established businesses such as Casey's General Store, Taco Bell, and McDonald's. The property comprises four individual lots ranging in size from 2.2 acres to 55.57 acres, with prices based on a land value of $9 per square foot. Lots are available for purchase individually, and subdivision options are available to accommodate various development needs. The area is experiencing significant growth, surrounded by new and developing residential subdivisions, ensuring a strong and expanding customer base. Future sewer availability is planned for the full acreage, enhancing the development potential. High traffic counts of 11,000 cars per day along Highway 62 guarantee substantial exposure for any business. Lot 1 (4 acres) is priced at $1,586,160, and Lot 2 (5.66 acres) is priced at $2,218,946. Lots 3 and 4 are currently under contract with a major global retailer. A topographical survey is available upon request. Don't miss this chance to secure a prime location in Prairie Grove's burgeoning commercial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.