62 Lot 6 Hwy Farmington, AR 72753
- Land
- 9.53 lot acres
Current Use by Public Records
- Land
Property Details for 62 Lot 6 Hwy
- Lot size
- 9.53 lot acres
- Property type
- Land
Description
This exceptional 9.53-acre commercial land parcel presents a remarkable investment opportunity in Prairie Grove, Arkansas. Strategically located on Highway 62, this property is situated within Prairie Grove's burgeoning new commercial corridor, boasting high visibility and accessibility. The asking price is $3,321,014, translating to $8 per square foot. The land is currently designated for commercial use, aligning with the city's future land use plan. This versatile property offers multiple lot configuration possibilities, catering to a wide range of development projects. Its prime location is further enhanced by its proximity to established businesses such as Casey's General Store, Taco Bell, and McDonald's, ensuring strong anchor tenants and high foot traffic. The property's potential is amplified by its surrounding new and developing residential subdivisions, guaranteeing a robust customer base. Future plans include the extension of sewer services to the entire acreage, adding significant value and utility for future development. This is an unparalleled chance to acquire a substantial tract of land in a rapidly growing area, poised for significant appreciation. The address is Lot 6 W Hwy 62, Prairie Grove, AR 72753, within Washington County. Don't miss this exceptional opportunity to secure a piece of Prairie Grove's thriving commercial landscape.
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
- Farmington
- County
- Washington
- State
- Arkansas
- Longitude
- -94.2974
- Latitude
- 35.9729
