Property profile

Hwy 62/412 Salem, AR 72576

OFF-MARKET
Commercial real estate
3 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional 3-acre commercial lot presents a unique investment opportunity in the thriving Salem, Arkansas area. Located on Highway 62/412 East, this property boasts high visibility and excellent accessibility, making it ideal for a wide range of commercial ventures. The expansive acreage offers ample space for development, allowing for significant flexibility in design and construction. Whether you envision a retail establishment, a light industrial facility, or another commercial use, this site provides the foundation for a successful enterprise. Its strategic location along a major highway ensures substantial traffic flow, maximizing exposure and potential customer reach. The property's size and location offer significant potential for future growth and appreciation. This is a rare chance to acquire a substantial piece of commercial real estate in a dynamic market. The absence of existing structures allows for complete customization to suit your specific business needs and vision. Serious inquiries are encouraged to explore the possibilities this prime location offers. The asking price of $119,000 represents a compelling value for this significant land parcel. Don't miss this opportunity to secure a prominent commercial presence in Salem, Arkansas. Contact us today to schedule a site visit and begin planning your next venture.

Property profile

Verified
Property type Commercial real estate
Year built 2000
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

Hwy 62/412 Salem, AR 72576
Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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