Ar-72, Gravette, AR 72736
02-20-32-GRAVETTE · Benton County
Key Facts
Description
10.56-acre development tract on the Highway 72 corridor at Gravette, where AR-72 meets I-49 at one of Northwest Arkansas' fastest-growing intersections. NWA is expanding westward, and Hwy 72 is the road it's taking: AR-72 directly connects Bentonville — home of Walmart's global HQ — to Gravette, and the corridor changed permanently when the I-49 (Bella Vista Bypass) interchange opened west of Hiwasse — Bentonville's employment base one direction, interstate access to the NWA metro and Missouri line the other. At approx. $300,000/acre — roughly $6.89/SF — this tract prices below comparable corridor land ten miles east, where Bentonville and Centerton command multiples of that basis. 10.56 contiguous acres provides the scale buyers need: commercial frontage, residential or mixed-use phasing, or a strategic hold ahead of the build-out. Available whole or reconfigured to suit the buyer's program. Gravette operates its own utilities, supports development with responsive permitting, and sits minutes from Bentonville.
Property Information
Property Type
Land
Lot Size
10.56 acres
Days on Market
304
MLS® Listing#
1317768
Property Features
Fencing
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$25
Parcel Number
11-00002-668
Directions
From Bentonville take Hwy 72 West through Hiwasse proper. Parcel is on the right. From Hwy 49 North, exit Gravette exit, turn right at exit. Parcel will be on your left.
Affordability Calculator
$633,600
Estimated monthly payment
$16,861/mo
Principal $2,534,400 · Est. interest $3,535,714 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gravette, AR
- $630,000
- Median Listing Price
- 77
- Median Days on Market
- 2,256
- Median Sq Ft
- $235
- Median Price / Sq Ft
- 65
- Active Listings
- This home’s price is 403% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gravette, AR.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 15651 W Highway 72, Gravette, AR | $2,250,000 | — | — | 14,693 |
| 15651 W Highway 72, Gravette, AR | $2,250,000 | — | — | — |
| Hwy 72, Gravette, AR | $2,800,000 | — | — | — |
| N Mt Pleasant Road, Gravette, AR | $3,000,000 | — | — | — |
| +/- 86 Acres SE El Paso Street, Gravette, AR | $4,042,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Mason Capital Group Real Estate Investment & Trust - torabi@masoncapitalgroup.com
Presented by: Cameron Torabi