Listing Agency: Colliers Arkansas Inc m***@ar.colliers.com Show Phone

Listed By: Mason Wood · License #AR SA00094197

Source: Crexi

Added: Mar 6, 2024 Changed: Aug 10 Last Checked: Aug 21 at 10:27AM

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Investment Insights

Based on property information with market context.

This commercial land presents a development opportunity in the high-growth area of Tontitown. Situated along Highway 412, recently designated as a future interstate of the National Highway System, the property benefits from its location in a path of growth. It is centrally positioned between the planned Springdale Northern Bypass, with an estimated completion in 2027, and the Highway 112 expansion project. The property abuts The Reserve of Tontitown apartments and townhomes and is adjacent to a large mixed-use development. This development consists of retail, multifamily residences, and other projects, adding density to the Highway 412 corridor.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

331

Businesses Nearby

Explore this area Business Placement

Demographics for 72762, AR

42,175

Population

17,270

Households

2.4

Avg Household Size

36

Median Age

33%

College-Educated

85%

High-School Grad

58.1 sq mi

ZIP Area

726

Density / Sq Mi

$80,678

Median Household Income

$42,066

Median Earnings

$1,118

Median Rent

$278,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial development opportunity in Tontitown's high-growth area.

Where is this commercial land located?

The property is located at 603 W Henri De Tonti Blvd Springdale, AR.

What is the asking price?

The asking price for this property is $1,285,500.