NOT LISTED FOR SALE

0 Pleasant Grove Rd Concord St Unit 1174631 Lowell, AR 72745

Estimated Value: $346,000

37.06 Acres
$9,336 Price per Acre
1,614,334 Sq Ft Lot

Last Sold January 07, 2022

Last sale price $6,500,000

Current estimated payment $1,842/month

287 Days on Market

Highlights

  • 37.06 Acre Lot
  • Partially Wooded Lot
  • Wire Fence
  • Elza R. Tucker Elementary School Rated A-
  • Corner Lot

About This Lot

As of January 2022

Great Development Potential, Listing includes 37+/- Acres of C-2 Zoned mostly level property. Will divide with accepted offer in increments of 2 - 37 Acres. Ideal for development of Retail Space, Neighborhood, Apartments, Professional Space, Entertainment, Dining.
The opportunities are endless. 1300 feet of frontage on W Pleasant Grove Rd, and 1200 feet of frontage on Concord St. Formerly a grape vineyard and farm. Includes two parcels with existing house and outbuildings. Property is perfect location to capitalize on the extensive Professional, Retail and Food Service traffic in one of Northwest Arkansas prime business districts. Close to shopping, dining, sports, entertainment, medical services, schools, financial center. Go to video at following Link: https://vimeo.com/518353479

Last Agent to Sell the Property

Mark Hornback

Gibson Real Estate License #SA00082100 Listed on: 02/23/2021

Co-Listed By

James Gibson

Gibson Real Estate License #EB00053793

Last Buyer's Agent

Bill McClard

Grissom Management & Realty License #PB00005841

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $91

Lot Details

  • 37.06 Acre Lot
  • Wire Fence
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot
  • Zoning described as Commercial

Home Design

  • Mixed Use

Additional Features

  • City Lot
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block / / /

Property Details

Property Type

Land

Est. Annual Taxes

$91

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 37.06
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 130000246
  • Co List Office Phone: 479-372-4705
  • Directions: From I-49 Exit 81 East on W Pleasant Grove Rd, 1 Mile to property on the right (Property behind Goodwill Store to Concord St, includes first house and outbuildings on the right on Concord)
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Development, Mixed Use, Residential

Exterior Features

  • Fencing: Fenced, Wire
  • Lot Features: Corner Lot, City Lot, Not In Subdivision, Level
  • Topography: Cleared,Level

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 12-00312-000, 12-00311-000
  • Zoning Description: Commercial
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 87.0
  • Tax Block: /
  • Tax Lot: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jan 10, 2022
Sold by
Bishop Vineyards Inc
Bought by
2188 Llc
Seller's Agent
Mark Hornback
Gibson Real Estate
Buyer's Agent
Bill McClard
Grissom Management & Realty
List Price
$8,525,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,025,000
-23.75%
Current Estimated Value
$346,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,154,000
Avg. Annual Appreciation
-55.25%

Purchase Details

Closed on
Apr 30, 2004
Bought by
City Rogers

Purchase Details

Closed on
Apr 20, 1979
Bought by
Bishop Vineyards Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2188 Llc $5,493,254 None Listed On Document
2188 Llc $5,493,254 None Listed On Document
City Rogers -- --
Bishop Vineyards Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $6,500,000 -23.8% --
12/08/2021 12/08/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $8,525,000 -- --
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $91 $1,714 $1,714 $0
2023 $87 $1,630 $1,630 $0
2022 $95 $1,630 $1,630 $0
2021 $95 $1,630 $1,630 $0
2020 $89 $1,530 $1,530 $0
2019 $87 $1,530 $1,530 $0
2018 $87 $1,530 $1,530 $0
2017 $77 $1,530 $1,530 $0
2016 $77 $1,530 $1,530 $0
2015 $70 $1,320 $1,320 $0
2014 $70 $1,320 $1,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1174631

Northwest Arkansas Board of REALTORS®

APN: 12-00311-000