Grant Ave Decatur, AR 72722
- Land
- 21.37 lot acres
Current Use by Public Records
- Land
Property Details for 0 Grant Ave
- Lot size
- 21.37 lot acres
- Property type
- Land
Description
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.
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
- Decatur
- County
- Benton
- State
- Arkansas
- Longitude
- -94.4653
- Latitude
- 36.3395
