# 1051 Peterson Avenue, Decatur, AR 72722

> **TL;DR:** commercial, $6,900,000 ($246/sqft), 28,042 sqft.
> Waterfront, A/C. Est. $36,903/mo. Listed 645 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,900,000 |
| Price/sqft | $246 |
| Square Feet | 28,042 |
| Lot Size | 10,062,360 sqft (231.00 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 645 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $34,890 |
| Estimated Insurance | $2,013 |
| **Total** | **$36,903** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- 231.00 acre lot
- 3 stories
- Waterfront

## Description

### Agent 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

## Location

- **Address:** 1051 Peterson Avenue, Decatur, AR 72722
- **County:** Benton
- **Coordinates:** 36.341355, -94.442365
- **Google Maps:** https://www.google.com/maps?q=36.341355,-94.442365

## Virtual Tour & Media

- **Video Tour:** https://tour.nwarealtors.org/1051-Peterson-Avenue-Decatur-AR-72722/unbranded

## Listing Agent

- **Name:** Brande Weidler · **License:** EB00083125
- **Brokerage:** Better Homes and Gardens Real Estate Journey
- **Broker Phone:** (479) 387-1534

## Photos

![1051 Peterson Avenue - Photo 1](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f2487737325r.jpg)

![1051 Peterson Avenue - Photo 2](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4055621011r.jpg)

![1051 Peterson Avenue - Photo 3](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1690364977r.jpg)

![1051 Peterson Avenue - Photo 4](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f700637996r.jpg)

![1051 Peterson Avenue - Photo 5](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3167706196r.jpg)

![1051 Peterson Avenue - Photo 6](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f2291346063r.jpg)

![1051 Peterson Avenue - Photo 7](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f2349783144r.jpg)

![1051 Peterson Avenue - Photo 8](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f168506687r.jpg)

![1051 Peterson Avenue - Photo 9](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f484344056r.jpg)

![1051 Peterson Avenue - Photo 10](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3589554473r.jpg)

![1051 Peterson Avenue - Photo 11](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3575652893r.jpg)

![1051 Peterson Avenue - Photo 12](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f2034184474r.jpg)

![1051 Peterson Avenue - Photo 13](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f2308814743r.jpg)

![1051 Peterson Avenue - Photo 14](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f895890687r.jpg)

![1051 Peterson Avenue - Photo 15](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1979837565r.jpg)

![1051 Peterson Avenue - Photo 16](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1729472711r.jpg)

![1051 Peterson Avenue - Photo 17](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3367977688r.jpg)

![1051 Peterson Avenue - Photo 18](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f699938303r.jpg)

![1051 Peterson Avenue - Photo 19](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1224153693r.jpg)

![1051 Peterson Avenue - Photo 20](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1515041142r.jpg)

![1051 Peterson Avenue - Photo 21](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3941686957r.jpg)

![1051 Peterson Avenue - Photo 22](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3794667640r.jpg)

![1051 Peterson Avenue - Photo 23](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f887613024r.jpg)

![1051 Peterson Avenue - Photo 24](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1479634751r.jpg)

![1051 Peterson Avenue - Photo 25](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4148129722r.jpg)

![1051 Peterson Avenue - Photo 26](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f381956099r.jpg)

![1051 Peterson Avenue - Photo 27](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4277172172r.jpg)

![1051 Peterson Avenue - Photo 28](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4181029466r.jpg)

![1051 Peterson Avenue - Photo 29](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3462581331r.jpg)

![1051 Peterson Avenue - Photo 30](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4043731868r.jpg)

![1051 Peterson Avenue - Photo 31](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f3345838171r.jpg)

![1051 Peterson Avenue - Photo 32](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f251276424r.jpg)

![1051 Peterson Avenue - Photo 33](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f32712857r.jpg)

![1051 Peterson Avenue - Photo 34](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f400710879r.jpg)

![1051 Peterson Avenue - Photo 35](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f4171139310r.jpg)

![1051 Peterson Avenue - Photo 36](http://lh.rdcpix.com/67be44e2d4cfd04cf0fcd9741eefe32el-f1403073419r.jpg)

---

**MLS#:** 1297091 | **Updated:** 2026-10-28
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1051-peterson-avenue-decatur-ar-72722-6822b14f4c0a44ae9b0f40f8cea6962f)

---

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