Lot 1-4 Hwy 62 Farmington, AR 72753
- Land
- 2.20 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lot 1-4 Hwy 62
- Lot size
- 2.20 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Prairie Grove, Arkansas. Located along Highway 62, these lots boast unparalleled visibility and accessibility, situated directly adjacent to established businesses such as Casey's General Store, Taco Bell, and McDonald's. The property comprises four individual lots ranging in size from 2.2 acres to 55.57 acres, with prices based on a land value of $9 per square foot. Lots are available for purchase individually, and subdivision options are available to accommodate various development needs. The area is experiencing significant growth, surrounded by new and developing residential subdivisions, ensuring a strong and expanding customer base. Future sewer availability is planned for the full acreage, enhancing the development potential. High traffic counts of 11,000 cars per day along Highway 62 guarantee substantial exposure for any business. Lot 1 (4 acres) is priced at $1,586,160, and Lot 2 (5.66 acres) is priced at $2,218,946. Lots 3 and 4 are currently under contract with a major global retailer. A topographical survey is available upon request. Don't miss this chance to secure a prime location in Prairie Grove's burgeoning commercial corridor.
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
- -94.2746
- Latitude
- 36.0163
