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    Property profile & analytics

    Hwy 62/412 Salem, AR 72576

    • Commercial real estate
    • 3.00 lot acres
    For Sale
    View listing
    $119,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Hwy 62/412

    Year built
    2000
    Lot size
    3.00 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Fulton
    State
    Arkansas
    Longitude
    -91.8339
    Latitude
    36.3596

    Comparable in this City

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      0.05 Acres

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      0.07 Acres

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      COMMERCIAL (GENERAL) • 0.07 Acres
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      11.00 Acres

      Tbd Hwy 62

      Land • 11.00 Acres
      0 Tbd Hwy 62, Salem, AR 72576
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      6.82 Acres

      39 Strawberry Vly Rd

      Land • 6.82 Acres
      39 Strawberry Vly Rd, Salem, AR 72576
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    • Value Estimation by Request
      13.00 Acres

      13633 Hwy 62/412

      Land • 13.00 Acres
      13633 Hwy 62/412, Salem, AR 72576
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    • Value Estimation by Request
      1.24 Acres

      Glenn Frst Ln

      COMMERCIAL (GENERAL) • 1.24 Acres
      Glenn Frst Ln, Salem, AR 72576
      View Details

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    Salem, AR 72576
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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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