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Crosspoint Commercial Lots


Prime Commercial Lots
Wynne, Cross County, Arkansas
Asking Price: $125,000

LOTS 4 AND 5 -- S O L D




Crosspoint Commerical Development lies in the most recently developed retail area in Wynne, Arkansas. U.S. Highway 64 fronts Crosspoint which is in a strong retail location with high traffic, excellent visibility and exposure, and strong neighboring tenants. At the Crosspoint intersection, the four corners at the traffic control lights are occupied by First National Bank of Wynne on the northeast, Wendy's fast food on the northwest, a recently completed new building housing the Dollar Tree retail store on the southwest and the recently completed Cross County Bank branch on the southeast.

This area is a rapidly growing commercial area and all the lots in the Crosspoint Development are zoned C-2 in this high demand location.  Lot 6 is the only remaining lot available in the Crosspoint Development.


DIMENSIONS: SOLD - Lot number 4 is the southeast lot and contains 37,234 sq. ft.  It joins Lot number 5 on the west.
SOLD - Lot number 5 consists of 39,819 sq. ft. and is the southwest lot.
Lot number 6 consists of 47,148 sq. ft. and lies directly north and across the Cross County Bank entrance.
All lots in the development require a 20 foot setback from the street for construction purposes.

UTILITIES: All lots have a newly developed infrastructure with new streets, curb and gutters, city water, sewer and underground electrical lines.

Lot number 8 is occupied by the new Dollar Tree store. This Lot fronts U.S. Highway 64 and sold for $4.63 per sq. ft.
Lots 2 and 7 recently sold for $3.24 per sq. ft.

Owner is asking $415,000 for all three lots (4, 5, and 6). Price per sq. ft. is $3.34. The asking price is the value associated with a certified appraisal dated July 22, 2015. Owner prefers cash and will consider sale of an individual lot.

BROKER: Other licensed real estate brokers are encouraged to participate in the potential sale and share in the commission on a 50-50 basis.

White Land Company is the exclusive agent in the sale of these prime, newly developed commercial lots.
Please direct all inquires to: Aaron D. White, 501-276-0846.

PRICE: Asking Price:  $125,00 for Lot 6

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