6019 Old Highway 67Cabot, AR 72023

Property Details for 6019 Old Highway 67

Year built

1975

Lot size

0.44 AC

Property size (Sq ft)

2,520 SF

Property type

Auto shops

APN

12R-004-00-025-01

APU

12R0040002501

Description

This exceptional investment opportunity presents a 0.44-acre parcel of land located at 6019 Old Hwy 67 in Cabot, Arkansas. Priced competitively at $149,000, this property offers significant potential for a variety of uses. The land's size provides ample space for development, making it suitable for various commercial or residential projects. Its strategic location on Old Hwy 67 ensures high visibility and convenient access to major transportation routes, enhancing its appeal to potential businesses or developers. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built property tailored to specific needs. This property is an excellent choice for investors seeking a versatile land parcel in a thriving Arkansas community. The area is known for its strong economic growth and expanding population, making this a promising investment with considerable long-term potential. Serious inquiries are encouraged to explore the possibilities this unique property offers. Further due diligence is recommended to confirm zoning regulations and potential development restrictions. The property is being sold "as is."

• CAP approach

  CAP return

  Valuation

  6%

  $561,037

  6.5%

  $517,880

  7%

  $480,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $462,355

  Geo Method

  $462,355

• Alternative Use

  Use

  Valuation

  Residential

  $436,851

  Hospitality

  $400,154

  Educational

  $332,923

  Medical

  $344,373

  Retail

  $517,880

Location Insight

City

Cabot

County

Pulaski

State

Arkansas

Latitude

34.921

Longitude

-92.0893

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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