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2500 S Knoxville Ave - Rest Haven Memorial Park-R3 Residential Land 8 Acres of Residential Land Offered at $748,176 CAD in Russellville, AR 72802

Residential Land & Home Lots Arkansas Russellville 2500 S Knoxville Ave, Russellville, AR 72802

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Investment Highlights

  • Home to Arkansas Tech University and Arkansas' Nuclear One, Arkansas' only nuclear power plant.
  • The Arkansas Racing Commission granted a casino license to the Cherokee (CNB) to build and operate a $300 million casino resort in Russellville.
  • Russellville is known for its local music, art scene, and historic downtown area.

Executive Summary

Prime residential development investment opportunity. This 8-acre site has great access, currently zone R3 which allows for 4,000 sq. ft. lots, approximately 10 residential units/acre. Depending on developer's model, there is also potential to go for a rezone to accommodate more units of multifamily if desired. Seller Financing Options Available.

Attachments

4867-4362-8292.4 - Survey (2500 S. Knoxville Avenue, Russellville, Arkansas) (Rest Haven Memorial Park) (Serenity) (2) (1)
Rest Haven Memorial Russellville, AR Google Maps

Property Facts

Price $748,176 CAD Property Subtype Residential
Sale Type Investment or Owner User Proposed Use
Multifamily
  • Hold For Development
  • Hold For Investment
  • Planned Unit Development
  • Single Family Development
  • Single Family Residence
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
 Total Lot Size 8.00 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Zoning R3 - Medium/High Density Residential
Price $748,176 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Hold For Development
  • Hold For Investment
  • Planned Unit Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 8.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning R3 - Medium/High Density Residential

1 Lot Available

Lot

Price $748,176 CAD Lot Size 8.00 AC
Price Per AC $93,522.00 CAD
Price $748,176 CAD
Price Per AC $93,522.00 CAD
Lot Size 8.00 AC

PT NE SE CITY OF RUSSELLVILLE. See attached ALTA site survey.

Description

8-acre raw land asset currently zoned "R3" for Medium/High Density Residential.

Links

1 1
2500 S Knoxville Ave, Russellville, AR - Aerial map view

Property Taxes

Parcel Number 860-00306-000C Improvements Assessment $0 CAD
Land Assessment $272 CAD Total Assessment $272 CAD

Property Taxes

Parcel Number
860-00306-000C
Land Assessment
$272 CAD
Improvements Assessment
$0 CAD
Total Assessment
$272 CAD
(801) 910-0228

Still interested?

Contact the broker for more information about this property

Contact

  • Luke Loveland
    Luke Loveland
  • Broylman Memorial Holdings AR LLC

  • Listing ID: 37811190

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 2500 S Knoxville Ave, Russellville, AR 72802

The Land Property at 2500 S Knoxville Ave, Russellville, AR 72802 is currently available for Sale. Contact Broylman Memorial Holdings AR LLC for more information.

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2500 S Knoxville Ave - Rest Haven Memorial Park-R3 Residential Land
(801) 910-0228 x

2500 S Knoxville Ave - Rest Haven Memorial Park-R3 Residential Land

Luke Loveland
(801) 910-0228

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