Commercial: MLS #23017076 Monticello, AR $ 1,625,000
Commercial: MLS #23017076
$ 1,625,000
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Commercial: MLS #23017076

Monticello, AR, 71655
$ 1,625,000
Baths0.0 Sq 595,400

Monthly Estimate*

$ 11,351

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Studio

Commercial Property for sale in Monticello, AR

for $1,625,000. This 595,400 square foot building was built in 2022 on a lot size of 17.

This property is to be sold as a whole but has been subdivided and survey into 16 separate lots. Build your business and sell the other lots for income. Have your lot paid for very quickly.Sitting in the heart of a growing southeast Arkansas college town lays this 17 +/- acres right off of Highway 425 that runs straight through the edge of town where most of the businesses in Monticello have set up camp. You will not find a better area and location to subdivide using the recent survey with 17 lots. 16 of the lots are from .5 acres to .75 acres and the east lot is around 7.5 +/- acres for those apartment complexes that will be full before they are ever finished. Sellers would love to sell the parcel as a whole and let the new owners divide for a profit but would consider selling lots.

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Commercial Active

Price

$ 1,625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 200

Style

Lot Size

17

Year Built

2022

Town/City

Monticello

County/Region

Drew

MLS | Web ID

23017076

Features
General
Interior Features Other (see remarks)
Heating None
Utilities None
Roof Other (see remarks)
Year Built 2022
Tenant Pays None
Subdivision Metes & Bounds
Style Other (see remarks)
Stories Other (see remarks)
County Drew
Class Commercial / Industrial
Type Land Only
Inside City Limits No
Status Active
Zoning Multi-Purpose
Docs on File Boundary Survey Recorded Plat
Warranty As-Is Prsnt Cnd at Clsng
Directions call agent
City Monticello
Street Name College
DOM 325
Price Per Sq Ft 2.73
Coming Soon This property is to be sold as a whole but has been subdivided and survey into 16 separate lots. Build your business and sell the other lots for income. Have your lot paid for very quickly.Sitting in
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Exterior
Exterior Other (see remarks)
Road Surface Paved
Foundation None
Lot Size Area 17
Lot Dimensions 17
Lot Level Not in Subdivision
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Interior
Floors Other (see remarks)
Walls Other (see remarks)
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* Excluded Features
List By
Jeff Watson

Listing Agent

Midwest Land Group, Llc

Broker

jwatson@midwestlandgroup.com

Email

Affordability Calculator

$11,368
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,351
Monthly Property Taxes
$17
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2023$1,625,000 Listed Price

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