Tracts B Hogeye Rd & Hwy 62 Prairie Grove, AR 72753
- Land
- 11.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tracts B Hogeye Rd & Hwy 62
- Lot size
- 11.50 lot acres
- Property type
- Land
Description
This exceptional 11.5-acre commercial land tract presents a remarkable investment opportunity in Prairie Grove, Arkansas. Strategically located at the four-way lighted intersection of Highway 62 and Hogeye Road, this property boasts approximately 1,314 feet of Highway 62 frontage, experiencing a daily traffic count of 8,700 vehicles. The cleared and level lots offer immediate access to utilities, with water and electricity already on-site and sewer readily available across the highway. Its versatile zoning allows for a variety of uses, including commercial, multi-family, and residential development. The property's prime location offers easy access to neighboring Farmington (7 miles) and Interstate 49 (10 miles), ensuring high visibility and convenient connectivity. The asking price is $1,878,525, translating to a land value of $3.75 per square foot. Given the significant commercial and residential growth in Prairie Grove, this property presents a unique chance to capitalize on a thriving market. The flexibility to subdivide the land as needed further enhances its appeal to developers seeking to maximize their investment. This is a rare opportunity to acquire a substantial parcel of land in a rapidly expanding area with excellent infrastructure and high traffic volume. Don't miss this chance to secure a prime location for your next project.
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
- Prairie Grove
- County
- Washington
- State
- Arkansas
- Longitude
- -94.3183
- Latitude
- 35.9636
