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    Highway 102 Gravette, AR 72712

    Sponsored
    For Sale
    $3,223,440

    3.7 Acres, High Traffic, Walmart Adjacent

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.7-acre commercial land parcel is strategically located on Hwy 102 in Benton County, Arkansas, near the intersection of Gravette and Bentonville (zip code 72712). Boasting a prime location between Bentonville and Centerton, this property benefits from a daily traffic count of 29,000 vehicles, ensuring high visibility and accessibility for any commercial venture. The land is ideally suited for a strip center development, given its excellent location and high traffic volume. Utilities are readily available, with water and sewer services accessible at the site. Adding to its appeal, this property enjoys adjacency to a Walmart Market and proximity to numerous residential subdivisions and new developments in both Bentonville and Centerton. This presents a unique opportunity to capitalize on the robust growth and high demand in this rapidly developing area. The asking price is $3,223,440, translating to $871,200 per acre, reflecting the exceptional value and potential of this location. This property represents a compelling investment opportunity for developers seeking to establish a thriving commercial presence in a high-growth market. The site's high visibility and convenient access make it an attractive location for a variety of commercial uses, including retail establishments and professional services.

    Property Features for 0 Highway 102

    General Information

    Property type
    Land
    Lot Size
    161,172 SF

    HighLights

    • $3,223,440 asking price for 3.7 acres of commercial land.
    • Water and sewer available.
    • High traffic count: 29,000 vehicles per day on Hwy 102.
    • Excellent strip center development potential.
    • Adjacent to a Walmart Market and near numerous subdivisions, new developments, Bentonville, and Centerton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gravette
    County
    Benton
    State
    Arkansas
    Longitude
    -94.344665
    Latitude
    36.3504736

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    FAQs

    What type of property is this?
    Land - 3.7 Acres, High Traffic, Walmart Adjacent
    Where is this land located?
    The property is located at Highway 102 Gravette, AR.
    What is the asking price?
    The asking price for this property is $3,223,440.
    What are key features of this property?
    This property features: $3,223,440 asking price for 3.7 acres of commercial land.; Water and sewer available.; High traffic count: 29,000 vehicles per day on Hwy 102.
    (479) 271-4161
    Request Owner's contact information
    Highway 102 Gravette, AR 72712
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    Gravette, AR 72712
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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
    Highway 102 Gravette, AR 72712
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