1051 Peterson Ave Decatur, AR 72722

Property Details for 1051 Peterson Ave

Lot size

231.00 lot acres

Property size

28,042 SF

Property type

Commercial real estate

Description

This exceptional 230-acre property in Decatur, Arkansas presents a unique investment opportunity. The estate boasts a private airport complete with a 3вЃ„4-mile paved runway, five fuel tanks, and 18,000 square feet of hangar storage. This infrastructure is ideal for aviation-related businesses or private use, offering significant potential for expansion and development. The property's strategic location provides easy access to two major highways, ensuring seamless transportation and logistics. Beyond the aviation assets, the property features stunning lakefront views, creating a picturesque setting for various ventures. Three existing homes are situated on the land, providing immediate occupancy options or a foundation for a larger development project. With its expansive acreage, prime location, and existing infrastructure, this property is well-suited for a diverse range of uses, including the expansion of an existing aviation business, the creation of a custom retreat, the development of a mixed-use commercial venture, or the establishment of an exclusive air-park residential community. The 28,042 square foot building footprint offers ample space for various uses. The possibilities are virtually limitless for this remarkable Arkansas estate.

Location Insight

City

Decatur

County

Benton

State

Arkansas

Longitude

-94.4497

Latitude

36.3351