About This Home

This 0-bedroom, 0-bathroom commercial at 1051 Peterson Avenue in Decatur, AR is listed for $6,900,000 ($246 per sqft). the home offers 28,042 sqft of living space on a 231.00 acres lot.

Key Features

  • 231.00 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories

Amenities

WaterfrontA/C
Listing 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

Monthly Cost Estimate

$36,903/mo

20% down · 6.5% · 30 years

Principal$4,990
Interest$29,900
Insurance$2,013

Estimates only. Actual payments may vary.

Location

1051 Peterson Avenue

Decatur, AR 72722

Features & Amenities

Interior Features

Intercom

Property Details

Flooring

ConcreteMarbleCarpetWood

Construction

Cedar MetalSiding Rock

Parking

Parking LotGarage

Heating

CentralNatural Gas

Cooling

Central AirElectric

Appliances

GasWaterHeater

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1051 Peterson Avenue is listed at $6,900,000 ($246/sqft). The estimated monthly payment is $36,903 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 231.00 acre lot, 3 stories, Waterfront. Interior Features: Intercom.

This property is listed by Brande Weidler.

BW

Brande Weidler

License EB00083125

Agent at Better Homes and Gardens Real Estate Journey

Listed by Better Homes and Gardens Real Estate Journey · Broker phone: (479) 387-1534 · Broker website

MLS# 1297091· Source: ArkansasONE MLS· 640 days on PropertySimple

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1051 Peterson Avenue, Decatur, AR 72722

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