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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

Price $797,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Auto Dealership
  • Bank
  • Carwash
  • Convenience Store
  • Fast Food
  • Medical
  • Planned Unit Development
  • Restaurant
  • Service Station
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 1.47 AC

1 Lot Available

Lot

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-00335-003
  • 03-00335-004
Land Assessment
$29,529
Improvements Assessment
$590
Total Assessment
$30,119

zoning

Zoning Code C-2 (Commercial, C-2.)
C-2 (Commercial, C-2.)
  • Listing ID: 31736539

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: Highway 412 Hwy, Siloam Springs, AR 72761

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