12094 Arkansas 170, Farmington, AR, 72730

12094 Arkansas 170 Farmington, AR 72730

12094 Arkansas 170, Farmington, AR, 72730
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FOR SALE
Property Type:
Residential Land Development
Amount:
$4,366,019
Last Verified:
Nov 13, 2024

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Highlights

  • +/- 33.41 Acres Zoned RE-1 Residential Estate District
  • Ideal for Residential Development
  • 2 minutes to Farmington High School
  • Investment Opportunity in a Growing Area
  • Perfect for Single-Family Homes

Description

Only $3PSF for PRIME land across from Farmington High School! Hwy 170 is currently being expanded and Farmington School District is currently building right across the street. Investors and developers, discover the perfect location for your next residential development project with this +/- 33 acres of prime land, located just 2 minutes from Farmington High School and their new $16 million sports complex. With it's convenient location to Farmington High School, this property offers an opportunity for a vibrant community atmosphere. Zoned RE-1 Residential Estate District, ideal for single-family residential development at low density. With prime development sites becoming increasingly scarce in Northwest Arkansas, and the population rapidly increasing in Farmington, this property presents a rare opportunity to create a thriving neighborhood. Seize this rare opportunity to develop in a highly desirable area and bring your residential vision to life.

Heading West on US-62 W towards S Oak Rd. Turn left onto AR-170 W/S Hunter St. The property will be on the left, just past the Farmington High School.

Lot Size: 33.41 acres


Documents

Brochure

Map of 12094 Arkansas 170, 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.