1051 Peterson Avenue Decatur, AR $ 6,900,000
1051 Peterson Avenue
$ 6,900,000
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1051 Peterson Avenue

Decatur, AR, 72722
$ 6,900,000
Bedrooms-- Baths-- Sq 28,042

Monthly Estimate*

$ 43,047

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Commercial Property for sale in Decatur, AR

for $6,900,000. This 28,042 square foot building was built on a lot size of 231.

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 exclusive 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 exclusive neighborhood in NWA. Also MLS #1311128

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Commercial Pending

Price

$ 6,900,000

Property Type

Commercial

Taxes

$ 23,446

Style

Lot Size

231

Town/City

Decatur

County/Region

Benton

MLS | Web ID

1297091

Features
General
Sewer Septic Tank
Heating Central Gas
Cooling Central Air Electric
Utilities Cable Available Electricity Available Natural Gas Available Septic Available Water Available
Roof Architectural Shingle
Appliances Gas Water Heater
Security Features Security System Fire Alarm Smoke Detector(s)
Construction Materials Cedar Metal Siding Rock
Property Subtype Other
Gross Income 44000
County Benton
Operating Expense 53300
New Construction false
Property Type Commercial Sale
Attached Garage true
Garage Y/N true
Status Pending
Directions Hwy 102 west to Decatur - turn right on Hwy 59 - turn right on Crystal Lake Rd - listing agent will meet you at the private gate entrance in the park.
City Decatur
Number Of Units Total 3
Lot Size Units Acres
Year Built Details 25 Years or older
Tax Annual Amount 23446
Virtual Tour https://tour.nwarealtors.org/1051-Peterson-Avenue-Decatur-AR-72722/unbranded
Standard Status Pending
Occupancy Type Vacant
Property Sub Type Additional Other
Legal Description TRACTS 1 AND 2:
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Interior
Interior Amenities Intercom
Basement Crawl Space
Flooring Carpet Concrete Marble Wood
Total Stories 3
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Parking Features Attached Garage Parking Lot
Lot Features City Lot Other Rural Lot See Remarks Wooded Waterfront
Water Source Public
Lot Size Area 231
Foundation Details Crawlspace Slab
Building Area Total 28042
Lot Size Acres 231
Waterfront Y/N true
Road Frontage Type Main Thoroughfare
Other Equipment Intercom
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* Excluded Features
List By
Better Homes And Gardens Real Estate Journey Bento

Broker

bprealtynwa@gmail.com

Email

Affordability Calculator

$45,001
Per Month
96%
4%
0%
Monthly Principal & Interest
$43,047
Monthly Property Taxes
$1,954
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$6,900,000 Listed Price

Map


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1051 Peterson Avenue, Decatur, AR, 72722 is a Commercial Property for sale at $6,900,000 with 28,042 sqft and a lot size of 231. The property's zip code is 72722 which is in Decatur, AR