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Property profile & analytics
OFF-MARKET
Land

0 Mock St Prairie Grove, AR 72753

5.56 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.56-acre tract presents a remarkable investment opportunity in Prairie Grove, Arkansas. Strategically located on Highway 62 and South Mock Street, this property boasts approximately 1,325 feet of highway frontage, offering unparalleled visibility and accessibility. The land is flat and level, featuring all utilities readily available on-site, simplifying development plans. Its zoning permits agricultural use, but its prime location and characteristics make it ideal for a variety of commercial ventures, including retail, medical facilities, or multi-family residential projects. The property's potential is further enhanced by its location at a four-way lighted intersection experiencing a high daily traffic count of 8,400 vehicles on Highway 62. This high traffic volume ensures significant exposure for any commercial development. The property is conveniently situated just south of a burgeoning commercial corridor along Highway 62 and East Parks Street, surrounded by existing and developing residential subdivisions, indicating strong growth potential in the area. Adding to its appeal, this location provides easy access to Interstate 49, approximately 15 minutes away, facilitating seamless regional connectivity. The property's versatility allows for subdivision, providing flexibility for various development scenarios. This is a rare opportunity to acquire a well-positioned, versatile tract of land in a thriving Arkansas community. The asking price is $1,210,968, representing a land value of $217,800 per acre.

Property profile
Verified
Property type Land
Lot 5.56 ac (242,194 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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