2500 S Knoxville Ave - Residential LAND FOR SALE
Russellville, AR 72802 | 348,480 SF
$550,000 USD
801-910-0228
2500 S Knoxville Ave
Russellville, AR 72802
HIGHLIGHTS
- Home to Arkansas Tech University and Arkansas' Nuclear One, Arkansas' only nuclear power plant.
- Russellville is known for its local music, art scene, and historic downtown area.
- The Arkansas Racing Commission granted a casino license to the Cherokee (CNB) to build and operate a $300 million casino resort in Russellville.
OVERVIEW
Prime residential development investment opportunity. This 8-acre site has great access, currently zone R3 which allows for 4,000 sq. ft. lots, approximately 10 residential units/acre. Depending on developer's model, there is also potential to go for a rezone to accommodate more units of multifamily if desired. Seller Financing Options Available.
FOR SALE DETAILS
PRICE
$550,000 USD
PRICE/ACRE
$68,750/AC
PRICE/SF
$2 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Rest Haven Memorial Park-R3 Residential Land
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Multi-Family, Hold for Development, Hold for Investment, Planned Unit Development, Single Family Development, Single Family Residence
LAND ACRES
8 AC
LAND SF
348,480 SF
OFFSITE IMPROVEMENTS
-
ZONING
R3
APN/PARCEL ID
860-00306-000C
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801-910-0228
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801-910-0228
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