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    FOR SALE
    Commercial land

    392 N Main St, Centerton, AR 72719

    3,663 SF Built 2005
    Property ID
    US05-2315806
    392 N Main St, Centerton, AR 72719 For Sale 1 / 55
    $450,000 3,663 SF
    392 N Main St, Centerton, AR 72719
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    Property summary
    AI-generated overview

    Excellent visibility w/ approx. 60 linear feet of frontage on N. Main St (10,000 VPD Traffic Count), which connects Hwy 102 & Hwy 72, & 150 linear feet of frontage on E. 2nd St. Centerton is actively engaged in a downtown revitalization study to develop strategic plans for the future of North & South Main Street-revitalizing Historic Old Town & integrating it w/ the expansive 400-acre New Town Center including a Walmart Super Center. Centerton is 3rd fastest growing city & 7th safest city in AR. NWA is one of fastest growing areas in US & a hub for entrepreneurship, providing an ideal environment for flourishing businesses & growing consumer market. Great location for retail or office development. 0.2 miles to E. Centerton Blvd, 1.5 miles to Hwy 72, & 6.1 miles to I-49. As per Centerton Planning Dept, this parcel is w/in Centerton’s future Innovative Center Plan to establish a greater downtown & could easily be rezoned as Commercial w/in 6-8 weeks. Currently zoned as R3-MF (medium high density multi-family).

    Property profile
    Verified
    Property type Commercial land
    Year built 2005
    Total area 3,663 SF
    UPID US05-2315806
    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
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