7301 Victory Blvd Newport, AR 72112-8907
This expansive 23-acre property located at 7301 Victory Boulevard in Newport, Arkansas, presents a unique opportunity for significant development. The substantial land area offers considerable flexibility for a variety of projects, catering to diverse commercial or industrial ventures. Its strategic location within Newport provides convenient access to key transportation routes and infrastructure, enhancing its appeal for businesses seeking efficient logistics and connectivity. The property's size allows for ample space for large-scale construction, accommodating substantial building footprints and extensive parking or outdoor operational areas. The absence of existing structures on the land provides a clean slate for customized development, allowing for complete design control and optimized space utilization. This presents a rare chance to acquire a significant land parcel in a growing Arkansas market, ideal for investors and developers seeking a substantial investment with high potential for future returns. The asking price of $4,695,600 reflects the property's size, location, and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. Detailed site surveys and environmental reports are available upon request. This is a truly exceptional opportunity to secure a prime piece of Arkansas real estate.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.