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$400,000

Est. payment - /mo

10 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1086628

HOA Y/N No

Annual Tax Amount $147

Lot Size 10.000 Acres

Acres 10.0

Property Sub-Type Unimproved Land

Property Description

A rare development opportunity in one of Greenwood's growing corridors. Directly next door to Real Food Co., a locally respected business offering fresh daily meals/catering, the property benefits from consistent traffic & a customer base. It borders King Mountain Estates, a well-loved neighborhood known for its affordable, classic homes. East Pointe/East Hills Middle School are close neighbors as well. This is a location that already works-supported by rooftops, schools, & long-standing community trust. This property represents the last large commercial tract available before the new Greenwood bypass. Once the bypass is complete, opportunities of this size and visibility will be virtually nonexistent in this area, placing this site in a highly strategic position for long-term growth and value appreciation. For commercial developers, Greenwood is actively in need of elevated, thoughtfully planned commerce. This location would strongly support an upscale market, specialty retail, wellness or fitness studio, professional offices, creative workspace, or food-forward concept. Greenwood is ready for development that is intentional, attractive, and community-minded. For residential developers, the property offers compelling long-term potential. Subject to city approval, the land could be considered for rezoning to residential use. The natural hillside creates an ideal setting for a pocket neighborhood with architectural character, courtyard-style living, definitely sought after -but currently not available in Greenwood. A mixed-use approach is also a strong possibility-maintaining a commercial corridor along the frontage while developing residential homes behind, creating a balanced and future-forward use of the land.
The property may be divided, subject to city approval. Located in the award-winning Greenwood School District. This is an excellent investment for those looking to build with purpose. Owner/Agent

Location

State AR

County Sebastian

Interior

Fireplace No

Exterior

Fence None, Partial

Utilities Available Electricity Available

Water Access Desc Other,See Remarks

Building

Lot Description Cleared, City Lot, Open Lot, Level, Split Possible, Wooded

Water Other, See Remarks

Schools

Elementary Schools East Pointe

Middle Schools East Hills

High Schools Greenwood

School District Greenwood

Others

Tax ID 60001-0000-01329-00

Virtual Tour https://www.propertypanorama.com/1000-E-Center-Street-Greenwood-AR-72936/unbranded

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Listed by McGraw REALTORS

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+1(479) 589-2575

Broker Arkansas EB00060190Florida P3599457

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1000 E Center ST Greenwood, AR 72936