10600 S Highway 96 - Shovel-Ready Residential Lots & Farm 5 - 180 Acre Residential Land Lots Offered at $125,633 - $2,010,125 CAD Per Lot in Greenwood, AR 72936

10600 S Highway 96 presents mixed-use development opportunities to enter the unique Greenwood, Arkansas, market. This offering comprises two main components, an approved residential portion and a large tract with a broad range of possibilities. Importantly, it is within minutes of the newest project in the area, Chafeee Crossing, featuring retail, parks, nature trails, restaurants, upscale housing, and medical facilities, plus a new state-of-the-art medical school.

The residential portion comprises 10 lots at approximately 5 acres for $90,000 each and has been appropriately zoned for residential use. The upgraded lots are centered around Eagle Loop, a circular road that has already been paved. With well water, septic, and power to the site, this is a truly shovel-ready opportunity. Given the elevation, the land boasts sprawling rural views, adding to the appeal for home buyers.

There is an additional opportunity not listed here. A farm spanning roughly 180 acres is adjacent and currently zoned for agricultural use. The tract was previously used for coal extraction and fish farming but has since been remediated, leaving a beautiful water feature that also provides a natural well. This portion is perfect for reuse in agriculture and has ample potential for residential or commercial redevelopment.

Greenwood, Arkansas, is a far-reaching market that collaborates with many peer cities in the region, broadening the allure and possibilities of developments at 10600 S Highway 96. Much of Greenwood’s commerce is interwoven with neighboring Fort Smith and both cities are the county seats of Sebastian County. The economic drivers of the county are diverse, including manufacturing, healthcare, logistics, and education, powered by employers like Baldor Electric, Rheem Manufacturing, Owens Corning, Mercy Hospital, Baptist Health, and the University of Arkansas – Fort Smith.

The public sector also has a presence here via Fort Chaffee, a training center for the National Guard. Additionally, Walmart’s new multi-billion-dollar headquarters, 1.5 hours north in Bentonville, is expected to bring more business here as a more cost-effective yet proximate market for supporting operations.

The land’s location off Highway 96, only five minutes from the heart of Greenwood, makes accessing the market’s primary economic and lifestyle destinations seamless, elevating its appeal and outlook of success for developers. Enquire now to explore the possibilities of 10600 S Highway 96 today.