NOT LISTED FOR SALE

116 SE Main St Gravette, AR 72736

Estimated Value: $62,475

0.07 Acre
$905,435 Price per Acre
3,006 Sq Ft Lot

Last Sold September 06, 2013

Last sale price $10,000

Est. 525% increase in value since last sale

Current estimated payment $424/month

335 Days on Market

About This Lot

As of September 2013

THE ONLY AVAILABLE EMPTY COMMERCIAL LOT ON MAIN STREET IN DOWNTOWN GRAVETTE! BUILD YOUR BUSINESS IN THE HEART OF GRAVETTE! PRIME AREA FOR AN INDOOR OR OUTDOOR BUSINESS OR EVENT. PROPERTY IS FLAT AND CLEARED.,PROPERTY IS CONVENIENTLY LOCATED IN AN AREA OF SUCCESSFUL BUSINESSES AND HAS ROAD ACCESS TO ALL MAJOR ROADS IN TOWN. PARKING ON MAIN STREET ASSURES CUSTOMERS WILL TRAVEL PAST YOUR LOCATION WHEN VISITING OTHER BUSINESSES THUS INCREASING WALK IN TRAFFIC.

Last Agent to Sell the Property

Christy Green

Green Heart Realty License #PB00065365 Listed on: 09/03/2012

Co-Listed By

Samuel Green

Green Heart Realty

Last Buyer's Agent

Christy Green

Green Heart Realty License #PB00065365 Listed on: 09/03/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $115

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 25 x 120
  • Property fronts a highway
  • Level Lot
  • Cleared Lot
  • Zoning described as Commercial

Location

  • City Lot

Community Details

  • Gravette Original Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 10

Property Details

Property Type

Land

Est. Annual Taxes

$115

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.069
  • Lot Size: 25 X 120
  • Road Frontage Type: Highway, Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 12100202
  • Co List Office Phone: 479-787-6400
  • Subdivision Name: Gravette Original
  • Directions: TRAVEL ONE BLOCK NORTH OF THE HWY 59 AND HWY 72 INTERSECTION TO MAIN STREET IN DOWNTOWN GRAVETTE
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, Cleared, City Lot, None, Level
  • Topography: Cleared,Level
  • Waterfront Features: None
  • Disclosures: Seller Disclosure

Utilities

  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 115.0
  • Tax Block: 10
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2025
Sold by
Outcrop Development Llc
Bought by
Cedarscape Holdings Llc-Series C
Current Estimated Value
$62,475

Purchase Details

Closed on
Sep 16, 2024
Sold by
Horner Rundquist Trust and Horner Julie
Bought by
Outcrop Development Llc

Purchase Details

Closed on
Mar 24, 2018
Sold by
Warren Byron K and Warren Tracy D
Bought by
Lykins Leasing Llc

Purchase Details

Listed on
Sep 3, 2012
Closed on
Sep 6, 2013
Sold by
Gravitate Investments Llc
Bought by
Warren Byron K
Seller's Agent
Christy Green
Green Heart Realty
Buyer's Agent
Christy Green
Green Heart Realty
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$7,100
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 24, 2001
Bought by
Hall

Purchase Details

Closed on
Mar 13, 1994
Bought by
Ricketson Tr

Purchase Details

Closed on
Jan 30, 1979
Bought by
Weatherford
Source: Public Records
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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
Cedarscape Holdings Llc-Series C $62,000 City Title
Outcrop Development Llc -- None Listed On Document
Outcrop Development Llc -- None Listed On Document
Lykins Leasing Llc $62,000 None Available
Warren Byron K $10,000 Etc
Hall $22,000 --
Ricketson Tr $25,000 --
Weatherford $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Byron K $7,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2025 11/16/25 Off Market $10,000 -- --
09/06/2013 09/06/13 Sold $10,000 -33.3% --
08/07/2013 08/07/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $15,000 -- --
Source: Northwest Arkansas Board of REALTORS®

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
2025 $1,221 $24,954 $1,829 $23,125
2024 $1,096 $24,954 $1,829 $23,125
2023 $996 $21,370 $1,830 $19,540
2022 $964 $21,370 $1,830 $19,540
2021 $878 $21,370 $1,830 $19,540
2020 $806 $15,630 $1,830 $13,800
2019 $806 $15,630 $1,830 $13,800
2018 $806 $15,630 $1,830 $13,800
2017 $767 $15,630 $1,830 $13,800
2016 $767 $15,630 $1,830 $13,800
2015 $116 $2,350 $2,350 $0
2014 $116 $2,350 $2,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 663812

Northwest Arkansas Board of REALTORS®

APN: 11-00249-000

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