1002 1st Avenue, Gravette, AR 72736
NA · Benton County
Key Facts
Description
nvestment opportunity in the heart of rapidly growing Gravette! Located at 1002 1st Ave SE, this 0.69 +/- acre property offers approximately 155 feet of highly visible Highway 59 frontage with outstanding exposure and future potential. Currently zoned residential, this property presents an excellent opportunity for possible commercial use development with high traffic visibility and a prime location directly across from the revenue office and Subway. The existing home will require major repairs, making this an ideal option for investors, developers, or entrepreneurs looking to capitalize on the location and frontage. A shop building on the property already features newer roof and windows. Whether you are looking for a redevelopment opportunity, future business location, or investment property, this tract offers incredible potential in one of Gravette’s busiest corridors
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Stories
1
Living Area
1,512 sq ft
Lot Size
0.69 acres
Days on Market
1
MLS® Listing#
1348684
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Fencing
Lot Features
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$1,070
Parcel Number
11-00165-000
Directions
From the intersection of Highway 59 and 72 in Gravette Arkansas go south on 59. Property will be on the left. Watch for signs
Affordability Calculator
$77,000
Estimated monthly payment
$2,049/mo
Principal $308,000 · Est. interest $429,687 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 39% below the area median.
- Its price per sq ft is 8% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gravette, AR.
Location
Getting Around
Points of Interest in Gravette, AR
Showing the Gravette area map.
Nearby Schools
Glenn Duffy Elementary School
Elementary · 0.4 mi away
Western Benton County Career Center
School · 0.5 mi away
Gravette Middle School
Secondary · 0.5 mi away
Gravette Upper Elementary
Elementary · 0.6 mi away
Gravette Holiness Bible School
School · 0.7 mi away
Gravette High School
Secondary · 1.1 mi away
Decatur Public Schools
Elementary · 4.3 mi away
Decatur Elementary School
Elementary · 5.5 mi away
Decatur Middle School
Secondary · 5.6 mi away
Decatur High School
Secondary · 5.6 mi away
Decatur Care for Kids
School · 5.6 mi away
New Heights Christian School
School · 8.2 mi away
Noel School
Elementary · 8.9 mi away
Bentonville West High School
Secondary · 9.0 mi away
Centerton Gamble Elementary School
Elementary · 9.2 mi away
Grimsley Junior High School
Secondary · 9.6 mi away
Noel Primary School
Elementary · 9.9 mi away
Life Way Christian School
School · 10.0 mi away
Gentry Mennonite Church.
School · 10.0 mi away
Gentry Public Schools
School · 10.4 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 |
|---|---|---|---|---|
| 505 3rd Avenue, Gravette, AR | $272,000 | 3 | 1 | 1,642 |
| 805 6th Avenue, Gravette, AR | $275,000 | 3 | 2 | 1,440 |
| 604 SW Benton Avenue, Gravette, AR | $286,000 | 3 | 2 | 1,434 |
| 603 SW Benton Avenue, Gravette, AR | $292,000 | 4 | 2 | 1,476 |
| 500 SW 6th Avenue, Gravette, AR | $295,000 | 3 | 2 | 1,577 |
| 210 Perry Circle, Gravette, AR | $295,000 | 3 | 2 | 1,569 |
Moving Cost Estimate
EXIT Agents in Gravette
Listing Courtesy: Benton County Realty - 479-787-5100
Presented by: Larry Boling