1051 Peterson Avenue, Decatur, AR 72722
Benton County
Key Facts
Description
Seize the opportunity to own a one-of-a-kind property in Arkansas, where business meets nature and lifestyle meets luxury. Peterson Farms property is for sale. This expansive 230-acre property offers unparalleled potential with a private airport featuring a 3/4-mile-long paved runway, five fuel tanks, and 18000 sq ft of hangar storage. Perfect for aviation enthusiasts, business owners, or developers, the property’s prime location provides direct access to two major highways, ensuring convenience for transportation and logistics. Additionally this unique estate offers stunning lakefront views, creating an idyllic setting for both business and recreational use. Whether you're looking to expand your aviation business, build a custom retreat, develop a mixed-use commercial venture, or develop an air-park residential community this versatile property offers endless possibilities. Three existing homes on the property offer a base level of what could be the most desirable neighborhood in NWA. Also MLS #1311128
Property Information
Property Type
Commercial Sale
Stories
3
Living Area
28,042 sq ft
Lot Size
231.00 acres
Days on Market
165
MLS® Listing#
1297091
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$23,446
Parcel Number
08-00082-516
Directions
Hwy 102 west to Decatur - turn right on Hwy 59 - turn right on Crystal Lake Rd.
Affordability Calculator
$1,380,000
Estimated monthly payment
$36,725/mo
Principal $5,520,000 · Est. interest $7,700,891 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Decatur, AR
- $750,000
- Median Listing Price
- 33
- Median Days on Market
- 2,177
- Median Sq Ft
- $246
- Median Price / Sq Ft
- 23
- Active Listings
- This home’s price is 820% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Decatur, AR.
Location
Points of Interest in Decatur, AR
Showing the Decatur area map.
Nearby Schools
Decatur Elementary School
Elementary · 0.2 mi away
Decatur Middle School
Secondary · 0.3 mi away
Decatur High School
Secondary · 0.3 mi away
Decatur Care for Kids
School · 0.5 mi away
Decatur Public Schools
Elementary · 1.5 mi away
Gentry Public Schools
School · 5.2 mi away
Gentry Intermediate School
Elementary · 5.2 mi away
Glenn Duffy Elementary School
Elementary · 5.6 mi away
Gravette Upper Elementary
Elementary · 5.7 mi away
Gravette Middle School
Secondary · 5.8 mi away
Western Benton County Career Center
School · 5.8 mi away
Gentry Mennonite Church.
School · 5.9 mi away
Gentry High School
Secondary · 5.9 mi away
Gentry Middle School
Secondary · 6.0 mi away
Gravette High School
Secondary · 6.0 mi away
Gravette Holiness Bible School
School · 6.0 mi away
Gentry Primary School
Elementary · 6.2 mi away
Ozark Adventist School
School · 7.4 mi away
Grimsley Junior High School
Secondary · 8.3 mi away
New Heights Christian School
School · 9.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 15840 Ar-102, Decatur, AR | $5,250,000 | 4 | 4 | 3,750 |
| 16731 Bethlehem Road, Decatur, AR | $6,416,410 | — | — | — |
| 1051 Peterson Avenue, Decatur, AR | $6,900,000 | 11 | 10 | 28,042 |
Moving Cost Estimate
EXIT Agents in Decatur
Listing Courtesy: Better Homes and Gardens Real Estate Journey Bento - 479-319-3737
Presented by: Brande Weidler