Current Use by Public Records
- Land
Property Details for 0 Tracts A & B Hwy 62 & Hogeye Rd
- Lot size
- 23.00 lot acres
- Property type
- Land
Description
This exceptional 23-acre commercial land parcel presents a unique investment opportunity in Prairie Grove, Arkansas. Strategically located at the four-way lighted intersection of Highway 62 and Hogeye Road, this property boasts approximately 1,314 feet of Highway 62 frontage, experiencing a daily traffic count of 8,700 vehicles. The land is cleared and level, offering immediate development potential. Utilities are readily available, with water and electricity on-site and sewer access across the highway. Its versatile nature allows for subdivision to accommodate various development plans, making it ideal for commercial, multi-family, or residential projects. The property's prime location offers easy access to surrounding areas, situated just 7 miles from Farmington and 10 miles from Interstate 49, ensuring excellent connectivity and visibility. The land is priced at $3.75 to $4.25 per square foot, reflecting its exceptional location and development potential within a town experiencing significant commercial and residential growth. This is a rare opportunity to acquire a substantial tract of land in a thriving Arkansas community. The property's size and location make it an attractive investment for developers seeking a high-impact project in a rapidly growing market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prairie Grove
- County
- Washington
- State
- Arkansas
- Longitude
- -94.3183
- Latitude
- 35.9636
