480 Us-62 Berryville, AR 72616
- Land
- 280.00 lot acres
Current Use by Public Records
- Land
Property Details for 480 Us-62
- Lot size
- 280.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 280-acre commercial and industrial land parcel presents a unique investment opportunity in Berryville, Arkansas. Located in a designated Opportunity Zone, this property offers significant tax advantages for investors. The site boasts existing city services and utilities, eliminating costly infrastructure development. A notable benefit is the absence of city property taxes, further enhancing the return on investment. Three eco-friendly businesses are already establishing operations within the park, demonstrating the area's growing appeal. Strategically situated north of Highway 62 and east of Hailey Road, just outside Berryville city limits, this location provides excellent accessibility. The property benefits from a robust retail trade area encompassing major cities such as Bentonville (home to Walmart headquarters and the Crystal Bridges Museum) and Rogers (known for Daisy BB Guns). Furthermore, its proximity to popular tourist destinations like Eureka Springs, Branson, Missouri, and Silver Dollar City adds to its appeal. The area also features established industries including Nighthawk Custom Firearms, Wilson Arms, Tyson Foods, and Midstate Specialty Eggs, creating a strong foundation for future development and growth. This expansive tract offers unparalleled potential for a variety of commercial and industrial ventures, capitalizing on the unique combination of tax incentives, infrastructure, and strategic location. The permitted zoning is commercial.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berryville
- County
- Carroll
- State
- Arkansas
- Longitude
- -93.5396
- Latitude
- 36.356
