11172 Shumate Crossing Rd Farmington, AR 72730
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 11172 Shumate Crossing Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial property, located at 11172 Shumate Crossing in Fayetteville, Arkansas (zip code 72730), presents a unique investment opportunity. Priced at $245,000 ($24,500/acre), this land boasts A-1 zoning, providing flexibility for a variety of commercial ventures. Situated in Washington County, the property enjoys convenient access to Highway 62 and is only 7 miles from Interstate 49, ensuring excellent connectivity. The location also offers proximity to the University of Arkansas, approximately 15 minutes away. Existing infrastructure includes a well and septic system, simplifying development plans. The property is served by the Prairie Grove School District. While the property includes existing buildings, they are considered to hold no value. The land itself features mature hardwoods, open pastures, and a wet weather creek, offering a picturesque setting with abundant wildlife. Electricity is on-site, and rural water is available. This versatile parcel is ideal for a range of uses, from an estate home to an equestrian center, event venue, farmette, or public gardens. Consider the potential of this exceptional location and seize this opportunity to acquire a significant commercial land holding in a desirable Arkansas location.
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
- -94.2949
- Latitude
- 36.0072