N Progress Avenue, Siloam Springs, AR 72761

$2,850,000

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List Price
$2,850,000
Status
ACTIVE
MLS#
ARKMLS-1353985
Foreclosure
Yes
Acres
29.52

Property Description

For sale is this 29.52-acre tract of vacant land located along North Progress Avenue in Siloam Springs, Arkansas. The property represents a well-positioned development opportunity within one of Siloam Springs’ primary commercial corridors. The site benefits from strong surrounding retail and institutional anchors, with a Walmart Supercenter directly to the south, a Lowe’s Home Center to the southeast, a regional hospital to the northeast, and a high school to the northwest. This combination of anchors and institutional uses generates significant daily traffic and gives the corridor a proven retail draw. Overall, the property is situated in a developing commercial area along a major arterial thoroughfare with established residential neighborhoods nearby. The site’s size and location make it well-suited for a range of uses including retail, mixed-use, multifamily, or medical office development, subject to zoning and entitlement review. **Property is bank REO.

Additional Information

Taxes
$17,529
Fencing
None
School District
Siloam Springs

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Listing courtesy of Colliers International - Branch Office. wade.smith@colliers.com