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Executive Summary

Rare shovel-ready 6-acre development with water and sewer onsite in the heart of Prairie Grove. With a Certificate of Preliminary Approval for 38 units, this project allows a developer to break ground almost immediately post-purchase. The approved density includes a strategic mix of 6 single-family lots and 8 fourplexes (32 units), perfectly positioned to meet the high demand for rental properties and entry-level housing. This high-upside play features a dedicated easement to Muddy Fork Park and Dog Park, offering private access to premier green space. Unrivaled walkability to all Prairie Grove schools (Elementary through High School). Ideally located within 2 miles of Historic Downtown, Battlefield State Park, shopping, and dining. This is a turnkey opportunity to bypass entitlement delays and capture the growth of the Fayetteville MSA. See supplements for site plans. A premier "build-to-rent" or residential sales play with immediate execution potential. Bring your builders!

Property Facts

Price $1,030,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 6.00 AC

1 Lot Available

Lot

Price $1,030,000
Price Per AC $171,666.67
Lot Size 6.00 AC

Flat 6 acre tract that is prime for development.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 39853173

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 1496 Viney Grove Rd, Prairie Grove, AR 72753

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