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    11.5 +/- Ac Tract B Hwy 62 & Hogeye Rd Prairie Grove, AR 72753

    For Sale
    $1,878,525

    Development Potential - Prairie Grove, AR

    Lot size:
    11.50 Acres
    Days on Market:
    281
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 11.5 +/- Ac Tract B Hwy 62 & Hogeye Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    805-20108-100
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    11.50 Acres

    Building Details

    Architectural style
    Other

    Steve Fineberg & Associates, Inc. (479) 271-4161 [email protected]

    Listing agent Brennan Sharpe (479) 271-4161

    Listing date Feb 28, 2025

    MLS# 1261956 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prairie Grove Land For Sale

    This 11.5-acre tract of land is situated at a 4-way lighted intersection along Hwy 62 in Prairie Grove. The property is suitable for many uses and can be subdivided as needed. It is centrally located in a town experiencing commercial and residential growth. The cleared and level lots have access on Hwy 62 and Hogeye Rd. Water and electric are available on site, and sewer access is available across the highway. The property features approximately 1,314 feet of Hwy 62 frontage with 8,700 CPD. It is ideal for commercial, multi-family, and residential uses. The location is 7 miles from Farmington and 10 miles from I-49.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Prairie Grove
    County
    Washington
    State
    Arkansas
    Longitude
    -94.315389
    Latitude
    35.962529

    Nearby Similar for Sale

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      7,500 SF

      Versatile Warehouse in Prairie Grove

      7,500 sq ft warehouse ideal for various commercial uses.
      921 E Douglas St, Prairie Grove, AR 72753
      View Details

    FAQs

    What type of property is this?
    Commercial land - 11.5 acre tract ideal for commercial, multi-family, or residential.
    Where is this commercial land located?
    The property is located at 11.5 +/- Ac Tract B Hwy 62 & Hogeye Rd Prairie Grove, AR.
    What is the asking price?
    The asking price for this property is $1,878,525.
    What are key features of this property?
    This property features: - High-traffic location at a lighted intersection on Hwy 62.; - Suitable for diverse uses: commercial, multi-family, and residential.; - Subdividable to meet specific needs.
    (479) 271-4161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11.5 +/- Ac Tract B Hwy 62 & Hogeye Rd Prairie Grove, AR 72753
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