Property profile

1427 Center St Greenwood, AR 72936

OFF-MARKET
Land
16.35 ac lot
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Property summary

AI-generated overview

This exceptional 16.35-acre commercial land parcel presents a remarkable investment opportunity in Greenwood, Arkansas. Strategically located on the east side of town, this property boasts over 1,100 feet of frontage along the north side of East Center Street, providing unparalleled visibility and accessibility. Its prime location benefits from proximity to a newly constructed bypass, ensuring convenient access for businesses and customers. The surrounding area is densely populated, with numerous residential rooftops, adding to the property's high potential. Nearby amenities include the Vache Grasse Country Club, Greenwood Athletic Club, a middle school, an elementary school, and a recently opened Dollar General store, creating a vibrant and thriving community. The asking price for this expansive tract is $725,000. The seller is willing to consider dividing the property, offering flexibility for various development scenarios. This is an exceptional chance to acquire a significant commercial land holding in a rapidly growing area of Greenwood, Arkansas, with excellent potential for a wide range of commercial ventures. The property is zoned for commercial use (verification required by buyer). The address is 1427 E Center St, Greenwood, AR 72936. This property is located in Sebastian County.

Property profile

Verified
Property type Land
Lot 16.35 ac (712,206 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1427 Center St Greenwood, AR 72936
Greenwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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