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$1,297,500
173± Acres
Available
Drew County, Arkansas

Highway 278

ID: 54949
Status: Available
Price: $1,297,500
Acres: 173±
Price Per Acre: $7,500
Type: Hunting Land, Recreational Land, Timberland
City, State: Monticello, Arkansas
County: Drew
ZIP Code: 71655
Presented By: Matt Wiles

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.


Key Features:

 

  • 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.


This 173-acre tract represents a blend of immense potential for growth, strategic location, and natural beauty. Whether you envision a commercial development, a residential community or wish to continue the legacy of timber management and recreational activities, this property offers an opportunity. Embrace the opportunity to own a piece of Monticello's future, where your vision can take root and flourish.

Ask Matt About This Property

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DDK Disclaimer:
Neither the seller, DDK Forestry & Real Estate (DDK), their subsidiaries, affiliates, nor representatives warrant the accuracy, adequacy, or completeness of any information contained herein regarding the property, its condition, boundaries, access, acreage, or timber stand information. Maps and all information contained herein are provided “AS IS” as a courtesy to potential buyers. Potential buyers should make their own determination regarding the accuracy of the information provided.

Broker Cooperation Statement: Real Estate agents must make the first contact with DDK on behalf of the potential buyer they represent to participate in DDK’s real estate commission. The buyer’s agent must also accompany the potential buyer on the initial showing of the property. Otherwise, the fee participation will be at the sole discretion of DDK.