Blue Spgs St Decatur, AR 72722
- Land
- 12.87 lot acres
Current Use by Public Records
- Land
Property Details for 0 Blue Spgs St
- Lot size
- 12.87 lot acres
- Property type
- Land
Description
This exceptional 12.87-acre parcel in Decatur, Arkansas, presents a remarkable opportunity for multi-family development. Located on Blue Spgs St, with a Decatur, Benton County address and zip code 72722 (latitude 36.3342872, longitude -94.469185), this fee simple property is zoned for multi-family use, offering the potential to construct 18 quadplex units. The land boasts a significant advantage with utilities already in place, eliminating a major hurdle in the development process. The level topography simplifies construction and minimizes site preparation costs, contributing to a more efficient and cost-effective project. The property's APN is 08-00794-000 thru 08-00804-000. This ready-to-build site is priced at $2,430,000 and represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for multi-family housing in the area. Further details are available in the attached offering memorandum. This is a rare chance to acquire a large, well-situated tract of land perfectly suited for immediate development. Don't miss this chance to build your next successful multi-family project.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Benton
- State
- Arkansas
- Longitude
- -94.4692
- Latitude
- 36.3343
