Current Use by Public Records
- Land
Property Details for 1839 Buchanan St
- Lot size
- 1.69 lot acres
- Property type
- Land
Description
This exceptional 1.69-acre commercial land parcel presents a remarkable investment opportunity in Prairie Grove, Arkansas. Strategically located at the intersection of Highway 62 and Buchanan Street, this property boasts significant highway frontage and easy access, ensuring high visibility and convenient accessibility. The B-2 zoning allows for a wide range of commercial development possibilities, making it ideal for businesses seeking a prominent location. The property's level topography simplifies development plans, and existing utilities include water and a septic system. Adding to its appeal, a two-bedroom, two-bathroom mobile home is included in the sale and is currently leased for $650 per month, providing immediate rental income. This property is minutes from the rapidly growing downtown Prairie Grove area, offering exceptional potential for future appreciation. The asking price is $175,000, translating to approximately $103,550 per acre. This is a rare opportunity to acquire a well-situated, versatile commercial lot with existing income potential in a thriving Arkansas community. Don't miss out on this chance to secure a prime piece of real estate in a rapidly developing market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prairie Grove
- County
- Washington
- State
- Arkansas
- Longitude
- -94.3015
- Latitude
- 35.9752
