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3900 E Race St
Searcy, AR 72143
Land For Sale · 14.00 AC

Investment Highlights

  • Large Commercial Tract in the Heart of Searcy's Growing Retail Market
  • Utilities Available on Site
  • Area is Experiencing Steadily Increasing Traffic Counts
  • Ideal for Big Box Center or Large Retail Development
  • Primely Positioned Across from Wal-Mart and Lowes
  • Price Drastically Reduced

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 14.00 AC
Zoning Commercial

Description

This rare 14 acre tract is located on East Race Street, just east of US Highway 67 North, making it highly visible and easily accessible to the 13,400 cars that travel past it each day. The former Roseann Motel, which occupied the property for decades, has been removed to make way for development. With commercial zoning in place, utilities on site and frontage on both Race Street and Ferrin Trail, the site is ideal for a Big Box Center or large scale Retail Project. Race Street is Searcy’s main East/West thoroughfare and supports the majority of the city’s restaurant and retail businesses. The property shares the busy retail corridor with the Unity Health White County Medical Center, JC Penney, Tractor Supply, Big Lots, Starbucks, and Tacos 4 Life. This potential development is primely positioned just across from the Wal-Mart Super Center and Lowes, two of the city's main traffic attractions, and is in close proximity to Chili’s, Planet Fitness, Chick-fil-a, IHOP, Fuji's Japanese Steakhouse, and two new hotels. This is an amazing investment/development opportunity unlike any other in Searcy. The surrounding market area is growing, the traffic counts are increasing and the price of the property has been drastically reduced. Searcy is located in North Central Arkansas along US Highway 67 North just 52 miles northeast of Little Rock. It has been said that Searcy is the city where thousands live as millions wish they could . Searcy is the home of two colleges: Harding University, the state' s largest private university, and Arkansas State University Searcy, formerly operating as Foothills Technical Institute. Due to its strategic location, receptive government, committed workforce and diverse local economy, Searcy has become a major center for economic and industrial development. In fact, Searcy contributes greatly to White County' s extremely low unemployment rate. It is home to such top employers as White County Medical Center, which employs over 1,500, and the Wal-Mart Distribution facility, which has over 1,350 employees.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 016-09908-000
  • 016-09903-000
  • 016-09905-000
Land Assessment
$52,582
Improvements Assessment
$0
Total Assessment
$52,582
  • Listing ID: 21686299

  • Date on Market: 12/7/2020

  • Last Updated:

  • Address: 3900 E Race St, Searcy, AR 72143

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