515 2nd Avenue, Gravette, AR 72736
Wells Add Gravette · Benton County
Key Facts
Description
Opportunity meets potential on this prime R 3 zoned parcel, offering the ability to develop up to ten residential units. Whether your vision includes multifamily housing or a collection of well-designed rentals, this property provides a flexible foundation for growth. Located near Centennial Park and just minutes from Gravette High School, the area offers a welcoming community atmosphere with strong appeal for future residents. Development sites with this level of promise are increasingly rare — secure your chance to build something meaningful.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.69 acres
Days on Market
57
MLS® Listing#
1342864
Property Features
Fencing
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$168
Parcel Number
11-00769-000
Directions
To get to 515 2nd Ave SW from Exit 100 in Gravette, take US-71 BUS S and turn right on W Main St, then take the first left onto 2nd Ave SW. This is a short drive of approximately 1.5 miles, with a total time of around 3 minutes. Head south on the exit ramp: After taking Exit 100, follow signs to merge onto US-71 BUS S. Turn right on W Main St: Continue on US-71 BUS S for a short distance and turn right onto W Main St. Turn left on 2nd Ave SW: Take the first left onto 2nd Ave SW. The destination will be on your left.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gravette, AR
- $620,000
- Median Listing Price
- 76
- Median Days on Market
- 2,256
- Median Sq Ft
- $234
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gravette, AR.
Location
Points of Interest in Gravette, AR
Showing the Gravette area map.
Nearby Schools
Western Benton County Career Center
School · 0.4 mi away
Glenn Duffy Elementary School
Elementary · 0.4 mi away
Gravette Middle School
Secondary · 0.5 mi away
Gravette Holiness Bible School
School · 0.5 mi away
Gravette Upper Elementary
Elementary · 0.6 mi away
Gravette High School
Secondary · 1.1 mi away
Decatur Public Schools
Elementary · 4.5 mi away
Decatur Elementary School
Elementary · 5.7 mi away
Decatur Middle School
Secondary · 5.8 mi away
Decatur High School
Secondary · 5.8 mi away
Decatur Care for Kids
School · 5.9 mi away
New Heights Christian School
School · 8.3 mi away
Noel School
Elementary · 8.6 mi away
Bentonville West High School
Secondary · 9.2 mi away
Centerton Gamble Elementary School
Elementary · 9.4 mi away
Noel Primary School
Elementary · 9.6 mi away
Grimsley Junior High School
Secondary · 9.8 mi away
Life Way Christian School
School · 10.2 mi away
Gentry Mennonite Church.
School · 10.3 mi away
Gentry Public Schools
School · 10.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 408 NE Main Street, Gravette, AR | $210,000 | 3 | 1 | 1,637 |
| 1.61 AC AR Hwy 102, Gravette, AR | $212,000 | — | — | — |
| 20609 Russell Corner Road, Gravette, AR | $215,000 | — | — | — |
| TBD Rocky Dell Road, Gravette, AR | $215,000 | — | — | — |
| Lot 16 Upland Way, Gravette, AR | $220,000 | — | — | — |
| TBD Hummingbird Road, Gravette, AR | $224,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Gravette
Listing Courtesy: Collier & Associates- Rogers Branch - 479-216-7158
Presented by: Wally Teichmann