Property summary
This exceptional 19.94-acre property in Centerton, Arkansas, presents a unique investment opportunity. Strategically located on Highway 102, this land boasts high visibility and convenient access. The property is divided into two distinct zones: approximately 5 acres are zoned C-2 Highway Commercial, ideal for businesses such as gas stations, restaurants, or supermarkets targeting highway traffic. The remaining approximately 15 acres are zoned R3-MF Medium-High Density Multi-Family Residential, allowing for the development of multi-unit dwellings, with potential for 3-4 units per lot, either side-by-side or stacked. City water and sewer services are available, simplifying development. Complete development plans are included in the sale, streamlining the process. Situated less than half a mile from Highway 279 and approximately 3.3 miles from Bentonville West High School, this location benefits from its proximity to desirable amenities and the highly-rated West Bentonville School District. The asking price is $3,190,400. Parcel numbers are 06-00047-881 and 06-00047-882. This is a rare chance to acquire a substantial parcel of land in a rapidly growing area with significant potential for both commercial and residential development. Don't miss this opportunity to capitalize on the thriving Centerton market.
Property profile
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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