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Property profile

13531 N Mount Pleasant Rd Gravette, AR 72736

FOR SALE
Other commercial real estate
Property ID
US05-0208531
1,900 SF 27.13 ac lot Built 2004
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Property summary

AI-generated overview

The property is a development site located off US 49 and Highway 72, adjacent to the new Arkansas Welcome Center under construction. It comprises two parcels totaling 27.13 acres within city limits and is zoned C-2. The site has 1,123 feet of frontage on Highway 72, with direct access from US 49, and consists of level, cleared land. Improvements on the property include two older rental homes, a large barn, and additional outbuildings. City sewer service is planned subject to city of Gravette approval. Traffic exposure includes an estimated 11,000 vehicles per day on Highway 72 and approximately 20,000 vehicles per day on US 49 in each direction. The property is suitable for a variety of C-2 uses, including retail and services such as convenience stores and grocery stores, auto-related uses, churches, and recreation-oriented facilities, and the land is designed so it can be considered for splitting into smaller acreages.

Property profile

Verified
Property type Other commercial real estate
Year built 2004
Total area 1,900 SF
Lot 27.13 ac (1,181,783 SF)
UPID US05-0208531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13531 N Mount Pleasant Rd Gravette, AR 72736
Gravette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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