Highway 102 Gravette, AR 72712
- Land
- 3.70 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 102
- Lot size
- 3.70 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gravette
- County
- Benton
- State
- Arkansas
- Longitude
- -94.3447
- Latitude
- 36.3505
