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    OFF-MARKET
    Commercial real estate

    Hwy 62/412, Salem, AR 72576

    3 ac lot Built 2000
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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