Hwy 62/412, Salem, AR 72576
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.
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.