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Property profile & analytics
OFF-MARKET
Land

0 Grant Ave Decatur, AR 72722

21.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.37-acre parcel located on Grant Avenue in Decatur, Arkansas, presents a remarkable opportunity for multifamily development. The property boasts a level topography, simplifying construction and minimizing site preparation costs. Importantly, utilities are already on-site, further streamlining the development process. A pre-approved plat allows for the construction of 47 duplex lots and 7 quadplex lots, providing a substantial potential return on investment. The property is zoned for multifamily use, ensuring compliance and facilitating a straightforward permitting process. The Benton County location, with a 72722 zip code, offers convenient access to local amenities and transportation networks. Detailed information, including the approved plat and further specifications, is available in the attached offering memorandum. This is a turnkey opportunity for developers seeking a high-yield, multifamily project in a desirable Arkansas location. The asking price for this exceptional property is $900,000. The APN is 08-00017-006.

Property profile
Verified
Property type Land
Lot 21.37 ac (930,877 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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