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Mixed-Use Land for Sale in Prairie Grove, Arkansas

11042 Little Elm, Prairie Grove, AR 72753

$475,000
1.15 acres
Active sale
Est $3,274/mo

Unique investment and development opportunity featuring two adjoining parcels totaling approximately 1.15 acres. The property includes one commercial parcel and one residential parcel, offering flexibility for a variety of potential uses. The residential zoned parcel is pending with the city of Prairie Grove for commercial rezoning. Located on a busy 4-lane highway with excellent visibility and traffic exposure, the property is just 3 miles from Prairie Grove, 3 miles from Farmington, and only 6.5 miles from Interstate 49. Convenient access, strong frontage, and a highly desirable Northwest Arkansas location make this an exceptional opportunity for investors, business owners, or developers. Agent owned

Location

Street address
11042 Little Elm
Zip code
72753
Community
Prairie Grove Outlots
School district
Prairie Grove
Elevation
1,225 feet
Coordinates
36.0047, -94.2859

Directions

I-49 Exit 62, west on Hwy 62 to 11042 Little Elm & 2390 E Heritage PKWY - Prairie Grove

Property details

Acreage
1.15 acres50,094 sq ft
MLS #
ARMLS 1335491
Posted

Property taxes

Recent
$868

Parcels

  • 805-20331-100

Legal description

Details and features

Listing

Type
Land

Lot

Features
Cleared

Structure

Water
Public

Listing history

DateEventPriceChangeSource
June 3, 2026Price increase$475,000$25,000 5.6%ARMLS
May 28, 2026Back on market$450,000ARMLS
Apr 7, 2026New listing$450,000ARMLS
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This 1.15-acre property is located at 11042 Little Elm in Prairie Grove, AR 72753. The land is available for sale, priced at $475,000 — $413,043 per acre.

Listed by Legend Realty, (479) 267-5911

Checked 2 hours agoUpdated Source

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