Price Reduced! Seize this rare opportunity to own 6.95+/- cleared acres in a high-demand location on W University St in Magnolia, ARjust minutes from Southern Arkansas University (SAU). With paved road access and a prime location near the University, this property may be ideal for student housing, townhomes, or apartment development to meet the growing need for quality housing in the area. With Magnolia’s economy boomingespecially with the newly launched lithium extraction from the Smackover Formationthis site offers an incredible investment opportunity for developers, landlords, and those looking to capitalize on the city's expansion. Whether you’re looking to cater to SAU students, faculty, or professionals moving to the area, this land presents endless possibilities, and at only $167,500! The property is conveniently located near shopping, dining, and campus amenities. All utilities are nearby, making development seamless. Don’t miss out on this strategic investment in Magnolia’s fast-growing market! Mineral rights do not convey.
| MLS # | 25007278 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Days On Site | 544 |
| Listing Provided By | United Country Real Estate Natural State Home & Land | Glenn Dillard |
| SQ Feet | 24,100 |
|---|---|
| Acreage | 6.95 |
| Utilities | Some Util Avl-Not on Prop |
|---|
| Property | 8 |
|---|
| State | AR |
|---|---|
| County | Columbia |
| City | Magnolia |
| Zip Code | 71753 |
| Area | MAGNOLIA North |
| Subarea | MAGNOLIA North |
| Community Name | Magnolia |
| School District | MAGNOLIA |
| Elementary School | Eastside |
| High School | MAGNOLIA |
| Listing VS Median (in Magnolia) | |
Price: $167,500 low | high Med: $215,000 sqft: 24,100 low | high Med: 2,652 $ / sqft: $7 low | high Med: $81 On site: 544 low | high Med: 346 | |
| State | AR |
|---|---|
| County | Columbia |
| City | Magnolia |
| Zip Code | 71753 |
| Area | MAGNOLIA North |
| Subarea | MAGNOLIA North |
| Community Name | Magnolia |
| School District | MAGNOLIA |
| Elementary School | Eastside |
| High School | MAGNOLIA |
| Listing VS Median (in Magnolia) | |
Price: $167,500 low | high Med: $215,000 sqft: 24,100 low | high Med: 2,652 $ / sqft: $7 low | high Med: $81 On site: 544 low | high Med: 346 | |