Property profile

2609 Hwy 62nd 412 Highland, AR 72542

OFF-MARKET
Auto shops
Property ID
US05-0695685
1,200 SF 2.67 ac lot
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents 1.79 acres of prime commercial real estate situated on Highway 62 in Highland, Arkansas. The property's strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of businesses. The expansive lot provides ample space for development, allowing for significant flexibility in design and functionality. Whether you envision a retail establishment, a restaurant, or another commercial venture, this property's potential is virtually limitless. Its prominent Highway 62 frontage ensures high traffic volume and exposure to a substantial customer base. The address, 2609 Highway 62 412, Highland, AR, places the property in a thriving area with strong growth potential. This is a rare chance to acquire a significant piece of commercial land in a desirable location. The asking price is $1,113,875, reflecting the property's exceptional value and potential for substantial return on investment. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. Detailed site plans and further information are available upon request. Don't miss this opportunity to secure a prime piece of Highland commercial real estate. Act quickly, as properties of this caliber are rarely available.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Total area 1,200 SF
Lot 2.67 ac (116,305 SF)
APN 001-06955-000
UPID US05-0695685

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2609 Hwy 62nd 412 Highland, AR 72542-9479
Highland metro Census 470202 BATESVILLE, AR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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