Listed by Davis DuBose Knight Forestry & Real Estate
$1,297,500
Highway 278
Details
Property Type Land
Sub Type Timber, Hunting/Recreational
Price Per Acre $7,500
Acreage 173.000
Monticello Investment: 173 Acres with Prime Highway 278 Frontage
Marketing description
Premier Investment Opportunity: 173 acres, more or less in Monticello, Arkansas. Nestled in the heart of Drew County, this 173-acre parcel presents a unique and strategic investment opportunity in Monticello, Arkansas. With a significant 2000 feet of frontage along Highway 278, this property boasts unparalleled access and visibility, making it an ideal candidate for many development projects or your private estate.
Investment highlights
- Prime Location: The tract is only one and a half miles from the major intersection of Highways 425 and 278; it's also only a quarter mile from the new loop connecting Highway 278 to Drew County Regional Medical Center and the south side of Monticello, placing it in a prime position for development as the area continues to grow. Highway 278 Frontage: With 2000 feet of frontage on Highway 278, the property offers excellent visibility and access, a crucial factor for commercial development.
- Close Proximity to Essential Amenities: This property is situated merely minutes away from Wal-Mart and guarantees convenience for any future development. Shopping, dining, and a variety of services are within easy reach.
- Thriving Pine Plantation: The land is currently home to a well-stocked pine plantation, providing potential income through timber harvesting or a serene, wooded backdrop for residential development. This merchantable plantation underscores the property's value and versatility.
- Nearby Educational Excellence: The presence of the University of Arkansas Monticello enriches the community with an atmosphere of academic vibrancy and cultural diversity. This proximity to higher education adds to the location's attractiveness for residential development, offering an ideal environment for families and professionals.
Listing Contacts
Listed by Davis DuBose Knight Forestry & Real Estate
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