Current Use by Public Records
- Land
Property Details for 62 Lot 1 Hwy
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial land parcel, located at Lot 1 W Hwy 62 in Prairie Grove, Arkansas (zip code 72753), presents a compelling investment opportunity. Priced at $784,080, this property boasts a land value of $9 per square foot. Situated in Prairie Grove's burgeoning commercial corridor along Highway 62, this lot offers significant potential for development. The property is strategically positioned near established businesses including Casey's General Store, Taco Bell, and McDonald's, ensuring high visibility and convenient access for future businesses. Multiple lot configurations are available, providing flexibility to suit diverse development plans. The city's future land use plan designates this area for commercial zoning, ensuring a clear path for development. Furthermore, the property benefits from its proximity to new and developing residential subdivisions, creating a strong potential customer base. Future plans include the extension of sewer services to the full acreage, enhancing the property's utility and appeal to a wide range of commercial ventures. This is a rare chance to acquire a prime commercial lot in a rapidly growing area of Northwest Arkansas. Don't miss this opportunity to capitalize on the thriving commercial landscape of Prairie Grove.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Washington
- State
- Arkansas
- Longitude
- -94.2992
- Latitude
- 35.9766
