17.87 acres creating a premier development opportunity at Pleasant Grove & 71 B, situated on the Rogers / Lowell border within one of Northwest Arkansas’s fastest-growing commercial corridors. The property offers excellent visibility and access, with direct street frontage, utilities available at the property, and established detention already in place; significantly reducing upfront development costs. A fully entitled and approved multifamily LSD conveys with the purchase, including engineered plans for 166 townhome units with amenities. A revised Lowell Zoning Ordinance further enhances project efficiency by allowing utility lines to cross property boundaries and private streets which lowers overall development costs. While the townhome footprints are set, vertical design remains open, giving flexibility for the purchaser’s vision. The project structure also supports a mix of fee simple and rental units, providing a unique opportunity to create immediate sales-driven cash flow or portfolio value through rentals.
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Listing Snapshot
Price
$5,445,871.2
Days On Site
192 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
17.86 Acres
Year Built
N/A
MLS® Number
1318955
Status
Active
Property Tax
$28,799
HOA/Condo/Coop Fees
$9.17 monthly
Sq Ft Source
N/A
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Recent Activity
6 months ago
Status changed to Active
6 months ago
Listing updated with changes from the MLS®
6 months ago
Listing first seen on site
General Features
Acres
17.86
Disclosures
SellerDisclosure
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Utilities
Electricity Available
Water Source
Public
Zoning
Multi Family
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Exterior Features
Fencing
None
Lot Features
LevelClearedCity LotOtherSee Remarks
Community Features
Association Dues
110
HOA Fee Frequency
Annually
Roads
Paved
School District
Rogers
Schools
School District
Rogers
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Michael Baumann of Carlton Realty, Inc
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