TL;DR: To buy the Highway 49 and AR-72 corridor parcel in Gravette, call listing agent Cameron Torabi at 479-925-3333, confirm zoning with the city, then offer and complete due diligence. The asking price is $3,168,000 for a level 10.56-acre site that, per the listing, has city sewer live on site at the Highway 72 and I-49 interchange.
How do I make an offer on commercial land in Gravette, Arkansas?
Start with a call to the listing agent, then move through the steps below in order.
- Inquire. Call 479-925-3333 and ask for the offering on the Highway 49 and AR-72 Corridor parcel. Ask the agent to confirm the current status of the listing.
- Read the offering. The listing describes 10.56 acres, offered at $3,168,000, or $300,000 per acre, on a level site with city sewer live on site.
- Visit the site. Walk the site at the interchange with the listing agent and compare it with the program you have in mind: commercial, residential or mixed-use.
- Write the offer. Put price, terms, contingencies and your due diligence period in writing, and have your attorney review the contract before you sign.
- Complete due diligence. Work through the checklist in the next section while your contingencies are open.
- Close. Close with the title and legal professionals you select once your conditions are satisfied.
What should I check before buying land at an interchange?
Confirm use, utilities, boundaries and access before you commit, because the listing leaves several of them for the buyer to verify.
- Zoning and permitted use: the listing says zoning and permitted-use entitlements should be confirmed directly with the City of Gravette planning department. Treat that as the first call, because it decides whether a commercial, residential or mixed-use plan is available.
- Sewer: the listing states city sewer is live on site. Ask the city to confirm the connection in writing and what it covers for your intended use.
- Survey and title: order a current survey so the 10.56 acres is measured to your own standard, and review title for easements and restrictions.
- Road plans: the listing notes an ARDOT widening study now active on the Highway 72 corridor between Gravette and I-49. Ask ARDOT how the study may affect frontage and access for this parcel.
- Flood, soils and environmental: the listing does not discuss them. Request the reports or commission your own.
- Taxes: the listing prints no tax figure. Ask the county for current taxes and confirm the effect of your plan with your tax advisor.
Does the listing say anything about financing?
No, the listing states no financing terms, so a buyer should speak with a lender before writing an offer.
For more information and a free consultation, contact the listing broker, Cameron Torabi at Mason Capital Group, at 479-925-3333. Ask your lender how they treat raw land at this size, and ask your attorney or tax advisor, not the listing, about structure.
Why is Gravette worth the diligence?
The listing frames the parcel as an entry point into Northwest Arkansas's westward growth corridor. Per the listing, the site in Gravette sits roughly 15 minutes from Bentonville, within reach of an estimated 223,000 people within a 30-minute drive. It also counts 500 new housing units in the pipeline through nearby approved subdivisions. Those are the demand facts to test against your own plan.
How does the listing agent help a buyer through the purchase?
The listing agent coordinates the information flow from inquiry to closing. The agent is Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust.
Mason Capital Group serves Northwest Arkansas with brokerage, development, property management and investment advisory under one roof. Mr. Torabi brings 30+ years of Northwest Arkansas real estate expertise and $2.4B+ in cumulative transaction activity (estimated combined personal, team and affiliated-brokerage activity over 30+ years; not independently verified; not indicative of current assets under management or future results).
In practice that means one point of contact for the offering, site visits, and the questions you will take to the city, your lender and your attorney. The aim is that you know what the City of Gravette has confirmed before you commit, not after.
Frequently asked questions
How do I make an offer on land in Arkansas?
Make the offer in writing through the listing agent, stating price, terms, contingencies and a due diligence period. Have your attorney review the purchase contract before you sign. For this parcel, call Cameron Torabi at 479-925-3333 to begin.
What should I check before buying a commercial land parcel?
Check zoning with the city planning department, confirm utilities in writing, order a survey, review title and ask about access and road plans. For the Gravette parcel, the listing specifically points buyers to the City of Gravette planning department for zoning.
Who confirms zoning for the Gravette interchange parcel?
The City of Gravette planning department confirms zoning and permitted uses. The listing says entitlements should be confirmed directly with that department as part of due diligence, so make the call before you finalize an offer.
How long does closing take on this parcel?
The listing states no closing timeline. The schedule is set in the purchase contract, including the due diligence period, so ask the listing agent for a realistic timeline and have your attorney reflect it in the offer.
Should I order a new survey before buying the parcel?
A current survey before closing is a sound step for this parcel. The listing supplies no survey, so make one a contingency in your offer to confirm the 10.56 acres, the boundaries and any easements, and have your attorney review title alongside it.
Can I buy this land with a loan?
The listing states no financing terms. Speak with a lender about how they treat 10.56 acres of land, and ask your attorney and tax advisor how to structure the purchase before you submit an offer.
Can Mason Capital Group help me buy other land in Northwest Arkansas?
Yes, Mason Capital Group's brokerage works with buyers of land, commercial and residential property across Northwest Arkansas. Call Cameron Torabi at 479-925-3333, describe what you want to buy, and ask how the firm would represent you. The firm also offers development, property management and investment advisory.
Do I need an attorney before signing a land contract?
Yes, you should have your attorney review the contract before you sign it, and confirm tax questions with your tax advisor. Mason Capital Group does not provide legal or tax advice, and neither does the listing.
To request the offering or schedule a private showing of the parcel, call 479-925-3333 or contact Mason Capital Group. You can also review our other featured listings, or read more about Cameron Torabi.
About the author: Cameron Torabi, Principal Broker — Mason Capital Group. 30+ years of Northwest Arkansas real estate expertise; $2.4B+ in cumulative transaction activity.
Estimated figure reflecting combined personal, team, and affiliated-brokerage transaction and development activity across Northwest Arkansas over a 30+ year career. Based on internal estimates; not independently verified. Not indicative of current assets under management or future results.