26
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$309,900
Est. payment /mo
18,256 SqFt
Price Dropped by $30K
23375 Highway 64 Knoxville, AR 72845
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Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,256 sqft
Price per Sqft $16
Subdivision Metes & Bounds
MLS Listing ID 24004637
Style Other (see remarks)
Year Built 1995
Tax Year 2022
Lot Size 5.860 Acres
Acres 5.86
Property Sub-Type Building and Land
Property Description
Located just one mile from Interstate 40 (Exit 67), this income-producing commercial/industrial complex sits directly on US Hwy 64 in Knoxville, Arkansas, offering prime visibility and easy access. The property spans 5.86 acres of flat, development-ready land and includes multiple structures: an 11,256 SF warehouse with an adjoining 85' x 46' breezeway, a 4,000 SF warehouse, a detached 3,000 SF shop with lean-to, and a 35' x 28' pole shed. With a solid gravel base providing access to all lots, the site is designed for operational efficiency and future growth. The property has been recently platted for development, with fill added to the rear lots to improve elevation and long-term value. It also features 3-phase power and is ideally located between Fort Smith and Little Rock, making it a strategic location for distribution, manufacturing, or commercial expansion. Currently generating $29,400 in annual rental income, this versatile complex offers significant upside for investors or business owners looking to expand operations and increase cash flow.
Location
State AR
County Johnson
Area Johnson County
Interior
Heating Central Cool-Electric, Central Heat-Electric
Flooring Concrete
Exterior
Parking Features 26 or More
Garage Spaces 50.0
Utilities Available Septic, Water-Public, Electric-Co-op
Roof Type Metal
Building
Lot Description Level
Foundation Slab
New Construction No
Listed by Century 21 Glover Town & Country • Matthew E Hurst
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