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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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243 E Hwy 62/412 Hwy , Salem, AR 72576
$505,475
Est. Payment: $2,605.89/mo
4 Bed
2 Bath
2225 Sqft
Status: Active | Days on site: 182
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123594683 - 98689
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Tara Limbird
Principal Broker | Operator

House Description

***COMMERCIAL POTENTIAL***Here is your chance to own a large 8+ acres (2 parcels) of land in the city limits of Salem, AR with 1208+/- foot 62/412 highway frontage. Presently zoned residential. City mayor has expressed possible approval of a viable business. Buyer to verify with City and Assessor's office concerning re-zoning to commercial for a business.

Highlights

Listed by Shawn Wise , 719-429-7360 Keller Williams Market Pro Realty Branch Eureka Sp , 479-718-2800. Arkansas Regional MLS, LLC

Property Type

Residential

Lot/Acreage
8.73

County

Fulton

Neighborhood

Na

School District

Salem

Listing ID

1335278

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Air Cond:Attic Fan,Window Unit(s)
Fireplaces:Insert,Family Room,Wood Burning
Floor:Carpet,Vinyl
Other:
  • Additional:Ceiling Fan(s), Eat-in Kitchen, Pantry, Wood Burning Stove
Water:Public

Exterior Features

Lot:Central Business District,Cleared,City Lot,Not In Subdivision,Wooded
Zoning:Residential
Roof:Asphalt,Shingle
Others:
  • Additional:Fixer
Sewer:Public Sewer
Parking Features:Attached Carport,Asphalt
Principal Interest
$2,606
Taxes
$20

Home Price

$505,475

Loan Details

30 yrs
6.687%

Down Payment

20%
$101,095
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,605.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,605.89 $20.42 $0.00 $2,626.31
Yearly $31,270.67 $245.00 $0.00 $31,515.67
Total $938,120.04 $7,350.00 $0.00 $945,470.04

Today's Rates

30 Year

6.69%

20 Year

6.61%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Salem, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Arkansas Regional MLS, LLC, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-04T20:10:26.000Z

© 2026 Arkansas Regional MLS, LLC