23375 Hwy 64th W, Knoxville, AR 72845-8483
This exceptional 5.86-acre property located at 23375 Highway 64 in Knoxville, Arkansas, presents a unique opportunity for investors and developers. The expansive land offers significant potential for a variety of uses, from residential development to commercial ventures. Its strategic location along Highway 64 provides excellent visibility and accessibility. The property's size allows for ample space for building, landscaping, and future expansion. The absence of existing structures provides a blank canvas for customized development, allowing for complete design flexibility and the creation of a tailored project. Given the current market conditions and the property's desirable location, this represents a compelling investment opportunity with strong potential for future appreciation. The property is classified as "Other" in terms of property type, indicating its versatility and suitability for a range of development plans. Serious inquiries are encouraged to explore the possibilities this unique acreage presents. The asking price is $359,900. Detailed site surveys and environmental reports are available upon request. This is a rare opportunity to acquire a significant parcel of land in a growing area. Don't miss out on this chance to shape the future of this prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.