17 +/- Acres of Premium Commercial Property

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17 +/- Acres of Premium Commercial Property: Aerial View
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Price: $1,625,000
Acreage: 17
County: Drew
State: Arkansas

Property Description

Sitting in the heart of a growing southeast Arkansas college town lays this 17 +/- acres right off of Highway 425 that runs straight through the edge of town where most of the businesses in Monticello have set up camp. You will not find a better area and location to subdivide using the recent survey with 17 lots. 16 of the lots are from .5 acres to .75 acres and the east lot is around 7.5 +/- acres for those apartment complexes that will be full before they are ever finished. Sellers would love to sell the parcel as a whole and let the new owners divide for a profit but would consider selling lots.

Property Features

  • Investment
  • Subdivided or whole
  • Commercial
  • Development potential
  • Main retail and business district
  • Leveled and cleared
  • Surveyed 17 separate lots
  • Two easy access points
  • High-ground commercial site
  • All utilities at property line

Property Address

332 W College Ave, Monticello, AR