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    OFF-MARKET
    Land

    1020 Speedway St, Dermott, AR 71638

    6.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 6.45-acre commercial property in Dermott, Arkansas, presents a unique investment opportunity. Located at 1020 E Speedway St A, 71638, this land parcel includes a 41,250 square foot warehouse, built in 1997. The property, formerly a cotton mill, offers significant potential for various commercial uses, including manufacturing, distribution, or warehousing. The land value is $34 per square foot. The site boasts approximately 10 parking spaces. This is Tract 5 of a larger six-tract property, and may be purchased individually or as part of the larger offering. A first right of refusal is in place. The property is situated in Chicot County, Arkansas, offering convenient highway access. The asking price for this specific 6.45-acre tract is $700,000.

    Property profile
    Verified
    Property type Land
    Lot 6.45 ac (280,962 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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