Ar-72, Gravette, AR 72736

$3,168,000

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List Price
$3,168,000
Price Change
▲ $468,000 1780619929
Status
ACTIVE
MLS#
ARKMLS-1317768
Acres
10.56
Subdivision
02-20-32-Gravette

Property Description

10.56-acre development tract on the Highway 72 corridor at Gravette, where AR-72 meets I-49 at one of Northwest Arkansas' fastest-growing intersections. NWA is expanding westward, and Hwy 72 is the road it's taking: AR-72 directly connects Bentonville — home of Walmart's global HQ — to Gravette, and the corridor changed permanently when the I-49 (Bella Vista Bypass) interchange opened west of Hiwasse — Bentonville's employment base one direction, interstate access to the NWA metro and Missouri line the other. At approx. $300,000/acre — roughly $6.89/SF — this tract prices below comparable corridor land ten miles east, where Bentonville and Centerton command multiples of that basis. 10.56 contiguous acres provides the scale buyers need: commercial frontage, residential or mixed-use phasing, or a strategic hold ahead of the build-out. Available whole or reconfigured to suit the buyer's program. Gravette operates its own utilities, supports development with responsive permitting, and sits minutes from Bentonville.

Additional Information

Taxes
$25
Fencing
Partial
School District
Gravette

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Listing courtesy of Mason Capital Group Real Estate Investment & Trust. torabi@masoncapitalgroup.com