Rare Opportunity! Highly Visible +/- 2.60 Acre Commercial Parcel!

0 W. Main Street Farmington, AR 72730

0 W. Main Street, Farmington, AR, 72730
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FOR SALE FOR LEASE
Property Type:
Other Land
Amount:
$1,899,000
Last Verified:
Mar 27, 2024

Highlights


Description

This is your opportunity to capture a beautiful +/- 2.60 Acre parcel of land with excellent commercial development possibilities in up-and-coming Farmington! The population is booming in Farmington, with population growth in this area expected to FAR outpace the state average! With the availability of quality sites to develop becoming ever more scarce in NWA & population rapidly increasing, this property provides a rare strategic commercial development opportunity! Property features a nice level and clear site boasting 280’ of Major Road Frontage along W. Main Street which sees over 29K VPD! This unique site is surrounded by popular area businesses such as Casey’s General Store, TacoBell, and Walmart Neighborhood Market & located less than 1.6mi from the Farmington High School, newly built $16 million sports complex, & only 6mi from University of Arkansas & The Razorback Stadium! Almost across from City Hall, this highly versatile site is quite literally the perfect spot to serve the diverse local customer base!

Built-to-Suit/Ground Lease opportunity! +/- 1 Acre right off W Main St, which sees +/- 32,000 VPD and right next to Walmart! All utilities on site or nearby. This unique site is surrounded by popular area businesses such as Casey’s General Store, TacoBell, and Walmart Neighborhood Market & located less than 1.6mi from the Farmington High School, newly built $16 million sports complex, & only 6mi from University of Arkansas & The Razorback Stadium! Almost across from City Hall, this highly versatile site is quite literally the perfect spot to serve the diverse local customer base!

This is your opportunity to capture a beautiful +/- 2.60 Acre parcel of land with excellent commercial development possibilities in up-and-coming Farmington! The population is booming in Farmington, with population growth in this area expected to FAR outpace the state average! With the availability of quality sites to develop becoming ever more scarce in NWA & population rapidly increasing, this property provides a rare strategic commercial development opportunity! Property features a nice level and clear site boasting 280’ of Major Road Frontage along W. Main Street which sees over 29K VPD! This unique site is surrounded by popular area businesses such as Casey’s General Store, TacoBell, and Walmart Neighborhood Market & located less than 1.6mi from the Farmington High School, newly built $16 million sports complex, & only 6mi from University of Arkansas & The Razorback Stadium! Almost across from City Hall, this highly versatile site is quite literally the perfect spot to serve the diverse local customer base!

Lot Size: 2.6 acres


Documents

Brochure
Brochure - 1 Acre

Units for Lease

1 Acre
Space Available: 43560 SF
Lease Type:

Price Per Sqft/Month: $4500.00

Map of 0 W. Main Street, Farmington, AR, 72730

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.