1794 Highway 62 412 Highland, AR 72542
This versatile 1,554 sq ft mixed-use property in Highland, AR, presents a unique investment opportunity. Located on Highway 62/412 directly across from Highland Schools, this 1.82-acre lot boasts exceptional visibility and accessibility. The recently remodeled interior features brand-new flooring, fresh paint, modern cabinets, and updated bathrooms. The home includes three spacious bedrooms, two bathrooms (one with a walk-in shower), a bright living room, an updated kitchen with a refrigerator, and a large laundry room. A handicap-accessible ramp provides convenient rear entry. Exterior features include an attached one-car carport, a large covered patio, a workshop/storage shed, and an additional concrete pad. The flexible zoning allows for a variety of commercial uses, including professional offices, medical clinics, retail spaces, service businesses, or food service establishments. The property's prime location and move-in ready condition make it ideal for both residential and commercial ventures. Contact Highland City Hall for detailed zoning information and restrictions. This property offers a rare blend of residential comfort and commercial viability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.