For Sale
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Property summary
This exceptional 11.7-acre commercial property in Gravette, Arkansas, presents a significant development opportunity. Boasting 13,693 square feet of existing building space, the property is strategically located on Highway 72, offering 476 feet of prime road frontage. Its proximity to Interstate 49, approximately 800 feet from Exit 100 and directly across from the future Arkansas Welcome Center, ensures exceptional visibility and accessibility. Daily traffic counts on this section of Highway 72 reach 9,400 vehicles, with 11% being trucks, indicating substantial potential for various commercial ventures. The existing structures include an auto repair shop, a U-Haul rental facility, additional shop space, and ample trailer parking. The property's location offers a unique advantage, situated midway between gas stations and fast-food establishments along this stretch of Interstate 49, where such amenities are spaced considerably further apart (gas stations are 28 miles and 9 exits apart, while fast food is 30 miles apart). The nearest truck stops are 38 miles north and 17 miles south. Convenience stores and restaurants along Highway 72 are a short 8-minute drive. This property's high traffic count, strategic location, and existing infrastructure make it an ideal investment for developers seeking a high-return opportunity in a rapidly growing area. The asking price is $2,250,000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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Building Supply General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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