Land for Sale in Harrison, Arkansas
501 Rathel St, Harrison, AR 72601
Prime development opportunity in Harrison, AR! This 18-acre tract is your chance to develop in one of Harrison's most accessible and visible locations. Zoned R3, this property also includes architectural plans and blueprints already completed for a 30-unit apartment complex-a significant value that saves both time and cost in the planning phase! Location is a key advantage. Just 0.25 miles off US 62/65, the site provides immediate access to one of the region's busiest highways, while sitting less than a mile from North Arkansas College. Making it an ideal fit for student housing, workforce housing, or other rental-focused projects to meet strong local demand. Currently open pasture, the land is straightforward to build on and offers flexibility for developers and investors. Whether you proceed with the existing apartment plans, explore senior living, or pursue other commercial or multifamily options, this property delivers the visibility, zoning, and market demand to support a successful project.
Location
- Street address
- 501 Rathel St
- County
- Boone County
- Zip code
- 72601
- School district
- Harrison
- Elevation
- 1,217 feet
Directions
From Harrison heading south, go past the intersection of US 62/65 and South Main Street, and turn right on Kitchens Street (between Anstaff and The Learning Center), turn left on Rathel St., property is at end of the road behind gate.
Property details
- Acreage
- 18 acres
- Zoning
- Multi Family
- MLS #
- ARMLS 1318544
- Posted
Property taxes
- Recent
- $36
Parcels
- 825-14425-001
Legal description
PT W1/2 SE NW (18.00AC)
Details and features
Listing
- Type
- Land
Lot
- Features
- Level, Mobile Home Allowed, Open Lot
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 31, 2026 | Price drop | $825,000 | $81,675,000 -99% | ARMLS |
| May 30, 2026 | New listing | $82,500,000 | — | ARMLS |