Off Hoffman Street
Off Hoffman Street Pea Ridge, Arkansas 72751 United States

$650,000
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4.32 Acres
Exterior
Land
Property type
1218649
Web Id
1218649
MLS ID
Pea Ridge
Subdivision
Pea Ridge
School District
This 4.32 acres in the middle of Pea Ridge is prime for an amazing multifamily development opportunity or take it in your own direction with your own vision. City planning has approved the plans for multi-family. This property was previously a...

About Off Hoffman Street

This 4.32 acres in the middle of Pea Ridge is prime for an amazing multifamily development opportunity or take it in your own direction with your own vision. City planning has approved the plans for multi-family. This property was previously a horse pasture and is currently vacant land. The property was landlocked until earlier in 2021 when the city put in a connecting road at Patton st. /Hazelton Rd so it will soon become the new East/West corridor for city traffic. Rezoned to R-2 Multifamily in September of 2021 and survey and soil test completed in 2022. Property has all of the major connections (water, sewer, electric) on-site or nearby. Property owner has completed engineering and architectural plans for 6 Quad Plexes (3 bedroom, 3 bath, 1 car garage, 1300 sq. ft- see sketch renderings in pics.) or the property could fit a small neighborhood of single family residences. Pea Ridge is outgrowing its current rental market, and the opportunity for success in multifamily is extremely high.

Listing Courtesy of Gibson Real Estate

features

cooling
Electric
lot description
Level, Main Thoroughfare

PROPERTY INFORMATION

Sewer
Not Connected (nearby), Public Sewer

EXTERIOR

Lot Description
Central Business District, Cleared, City Lot, None, Open Lot, Level
Listing Courtesy of Gibson Real Estate
This Pea Ridge Land is for Sale at $650,000 USD. Has on a lot of 4.32 Acres.

 

Listing Courtesy of Gibson Real Estate
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