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    Griffin Rd Hardy, AR 72542

    For Sale
    $52,900

    1.05-acre lot, ideal for development. $52,900.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1.05-acre lot presents a unique opportunity for development in the charming town of Hardy, Arkansas. Located in Griffin, the property offers significant potential for a variety of uses, subject to local zoning regulations. The expansive acreage provides ample space for a single-family residence, a small commercial venture, or even a multi-unit development, depending on the approved plans. The land is currently undeveloped, offering a blank canvas for a buyer's vision. Given its size and location, this property represents a compelling investment in a growing area. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, utilities, and potential development costs. The asking price of $52,900 reflects the significant potential of this land parcel. This is a rare opportunity to acquire a sizable lot in a desirable location at an attractive price point. Serious inquiries are welcome. The property's address is in Griffin, Hardy, AR. Further details regarding the property's specific characteristics and potential uses can be obtained upon request. Act quickly, as opportunities like this are seldom available.

    Property Features for Griffin Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    45,738 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hardy
    County
    Sharp
    State
    Arkansas
    Longitude
    -91.5086
    Latitude
    36.31483

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    FAQs

    What type of property is this?
    Commercial real estate - 1.05-acre lot, ideal for development. $52,900.
    Where is this commercial real estate located?
    The property is located at Griffin Rd Hardy, AR.
    What is the asking price?
    The asking price for this property is $52,900.
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    Griffin Rd Hardy, AR 72542
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    Hardy, AR 72542
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Griffin Rd Hardy, AR 72542
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