Highway 425 Monticello, AR 71655
- Land
- 42.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 425
- Lot size
- 42.00 lot acres
- Property type
- Land
Description
This exceptional 42-acre tract presents a unique investment opportunity in Monticello, Arkansas. Strategically located on Highway 425, this property boasts prime highway frontage, offering excellent visibility and accessibility. Its convenient location is just one mile from the University of Arkansas at Monticello, behind Monticello Elementary School, and directly across from the Patriot Fuel Center, ensuring high traffic and proximity to key community assets. The land is ideal for a variety of uses, including development or investment in a rapidly growing area. Recent timber harvesting has occurred on the property. The asking price is $280,000, translating to $6,667 per acre. This represents a compelling value proposition for those seeking land with significant potential. Mineral rights, if any, owned by the seller will transfer without warranty. This property's strategic location and versatile potential make it an attractive option for investors and developers alike, offering convenient access to local amenities and a strong foundation for future growth. The property's address is Highway 425, Monticello, AR 71655, located in Drew County.
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
- Monticello
- County
- Drew
- State
- Arkansas
- Longitude
- -91.8024
- Latitude
- 33.6216
