0 Grant Ave Decatur, AR 72722
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.