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Highway 412 Hwy - Fully Entitled Frontage on Hwy 412
1.47 Acres of Commercial Land Offered at $797,000 in Siloam Springs, AR 72761
Investment Highlights
- Fully Entitled City Approved Site Engineering and Large Scale Development City Approved
- City Approved Drive Through on LSD
- High Traffic & Visibility
Executive Summary
Price Drop. Priced well below comps on Highway 412. 1700SF + Frontage. City Approved Site engineering. Fully Entitled C-2 1.47 Acres. City Approved 8,352 SF Large Scale Development with Drive Through for Financial, Retail or Office. Since the property is already fully entitled, the buyer can save 7+ months of city approvals, 50,000 in site work, and start construction right away. Seller will furnish all city-approved site work and LSD plans. This development plan is comprehensive, covering all architectural and engineering plans, proposed utilities, parking, drainage, environmental and feasibility studies, green space and landscaping, curbing/sidewalks. The property is located at the hard corner stoplight intersection of Highway 412 and East Kenwood Street, which has been recently widened and extends directly to the downtown area. With 1,723 SF Frontage and a daily traffic count of 29,000 vehicles per day, this property is a lucrative investment opportunity. What's even more is that an adjacent lot is also available for sale, making it an ideal location for large-scale development.
Property Facts
1 Lot Available
Lot
Price | $797,000 | Lot Size | 1.47 AC |
Price Per AC | $542,177 |
Price | $797,000 |
Price Per AC | $542,177 |
Lot Size | 1.47 AC |
City Approved Hard Lighted Corner, 1700+ SF Hwy 412 Frontage, 30K VPD, 1.47 AC, C-2 Zone
Description
Fully entitled Large Scale Development with Drive Thru for Bank, Retail Office. Large 1723 SF Ft Frontage and site with two means of egress, ingress ideal for Medical, QSR, C-Store. Property is level and clear with 1,723 SF Highway 412 frontage, offering high traffic count of 28,000 VPF. It is fully City-approved, commercial property.Lucrative investment opportunity. Additional lot negotiable. For Economic Data and Demographics:https://investnwa.org/data/community-profile/
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $574 | |
Land Assessment | $65,621 | Total Assessment | $66,195 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$65,621
Improvements Assessment
$574
Total Assessment
$66,195
zoning
Zoning Code | C-2 (Commercial, C-2.) |
C-2 (Commercial, C-2.) |
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Highway 412 Hwy - Fully Entitled Frontage on Hwy 412
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