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$6,900,000
115 Days On Site

1051 Peterson Avenue
Decatur, AR 72722

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
28,042
SqFt
$246
/SqFt

Built
County:
Benton
1051 Peterson Avenue1051 Peterson Avenue1051 Peterson Avenue1051 Peterson Avenue
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Monthly Payment (Est.)

$31,481
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Seize the opportunity to own a one-of-a-kind property in Arkansas, where business meets nature and lifestyle meets luxury. The previously owned 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

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Listing Snapshot
Price 
$6,900,000
Days On Site 
115 Days
Bedrooms 
N/A
Inside Area (SqFt) 
28,042 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
231 Acres
Year Built 
N/A
MLS® Number 
1297091
Status 
Active
Property Tax 
$23,446
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
231
Attached Garage 
Yes
Foundation 
Slab
Number Of Stories 
3
Parking 
AttachedGarageParking Lot
Security 
Smoke Detector(s)Security SystemFire Alarm
Sewer 
Septic Tank
SqFt Total 
28042
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
Gas Water Heater
Basement 
Crawl Space
Cooling 
Central AirElectric
Flooring 
CarpetConcreteMarbleWood
Furnished 
Furnished
Heating 
Natural GasCentral
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Exterior Features
Construction Details 
StoneCedarMetal Siding
Fencing 
Fenced
Lot Features 
City LotOtherSee RemarksWoodedWaterfront
Roof 
Shingle
Listing courtesy of Brande Weidler of Better Homes and Gardens Real Estate Journey Bento



Listing information is provided by Participants of the Northwest Arkansas Board of Realtors. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest Arkansas Board of Realtors.
Last checked: 2025-05-23 09:03 PM UTC

Neighborhood & Commute
Source: Walkscore
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Contact Details

AJ Shirey, Collier & Associates