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    5 Acres Hwy 102 Gravette, AR 72719

    Sponsored
    For Sale
    $775,000

    West Centerton development opportunity. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing West Centerton area of Benton County, Arkansas. Located on Highway 102 (also known as W Centerton Blvd), this property boasts 174 feet of frontage and an impressive 1,319 feet of depth, providing ample space for a variety of commercial developments. The asking price is $775,000, translating to $155,000 per acre, reflecting the high demand and potential for significant return in this thriving market. The property is zoned A-1, offering flexibility for various commercial uses. Its strategic location offers convenient access to major transportation arteries, including Interstate 49 (approximately 20 minutes away) and the Northwest Arkansas National Airport (approximately 15 minutes away). The high daily traffic count of 11,000 vehicles along W Centerton Blvd ensures excellent visibility and accessibility for any commercial venture. This property is ideally suited for developers seeking to capitalize on the substantial residential and commercial growth currently underway in West Centerton. The expansive lot size and prime location make this an unparalleled opportunity to establish a successful business in a dynamic and expanding region. The zip code is 72719.

    Property Features for 5 Acres Hwy 102

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • Excellent development opportunity.
    • 174 feet of highway frontage on Hwy 279.
    • 1,319 feet of lot depth.
    • High traffic count of 11,000 cars per day on W Centerton Blvd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gravette
    County
    Benton
    State
    Arkansas
    Longitude
    -94.3332646
    Latitude
    36.359344

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    FAQs

    What type of property is this?
    Land - West Centerton development opportunity. High traffic count.
    Where is this land located?
    The property is located at 5 Acres Hwy 102 Gravette, AR.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Excellent development opportunity.; 174 feet of highway frontage on Hwy 279.; 1,319 feet of lot depth.
    (479) 271-4161
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    5 Acres Hwy 102 Gravette, AR 72719
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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
    5 Acres Hwy 102 Gravette, AR 72719
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