11050 Highway 59 Gravette, AR 72736
- Commercial real estate
- 2,704 SF
- 5.55 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11050 Highway 59
- Year built
- 1960
- Lot size
- 5.55 lot acres
- Property size
- 2,704 SF
- Property type
- Commercial real estate
Description
This exceptional 5.55-acre property presents a unique investment opportunity situated on the highly trafficked Highway 59 in Gravette, Arkansas. The expansive lot offers endless possibilities for development, given its prime location and substantial size. Currently zoned residential, the property boasts a comfortable existing home, providing immediate income potential or a convenient base for future development plans. A substantial shop building is also included, offering ample storage or workshop space, ideal for various business ventures or personal use. Adding to the property's versatility is a six-stall barn, perfect for equestrian enthusiasts or those seeking additional storage and workspace. The existing structures are in place, providing a solid foundation for immediate use while allowing for future expansion and development to suit a wide range of needs. The property's 2,704 square feet of existing building space, combined with the extensive acreage, makes it an attractive proposition for a variety of commercial or residential projects. Its high-visibility location on Highway 59 ensures significant exposure, making it an ideal site for businesses seeking high traffic volume. This property is a rare find, combining existing structures with significant development potential in a desirable location. The possibilities are truly limitless for the discerning investor or developer. The property is also listed under a separate identification number.
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
- Gravette
- County
- Benton
- State
- Arkansas
- Longitude
- -94.44044
- Latitude
- 36.38778