# 515 2nd Avenue lot: 5, Gravette, AR 72736

> **TL;DR:** land, $500,000. Est. $2,167/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $500,000 |
| Lot Size | 30,056 sqft (0.69 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,167 |
| **Total** | **$2,167** |

## Property Highlights

- 0.69 acre lot

## Description

### Agent Description
Opportunity meets potential on this prime R 3 zoned parcel, offering the ability to develop up to ten residential units. Whether your vision includes multifamily housing or a collection of well-designed rentals, this property provides a flexible foundation for growth. Located near Centennial Park and just minutes from Gravette High School, the area offers a welcoming community atmosphere with strong appeal for future residents. Development sites with this level of promise are increasingly rare - secure your chance to build something meaningful.

## Location

- **Address:** 515 2nd Avenue lot: 5, Gravette, AR 72736
- **County:** Benton
- **Neighborhood:** Wells Add Gravette
- **Coordinates:** 36.417475, -94.454646
- **Google Maps:** https://www.google.com/maps?q=36.417475,-94.454646

## Listing Agent

- **Name:** Wally Teichmann
- **Brokerage:** Collier & Associates- Rogers Branch
- **Phone:** 4792167158
- **Email:** wally@colliernwa.com

## Primary Photo

![515 2nd Avenue lot: 5 - Primary Photo](http://lh.rdcpix.com/0902f05011bc3bae3ec1dbf46f0486dcl-f2741435352r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/515-2nd-avenue-lot-5-gravette-ar-72736-1342864)*

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**MLS#:** 1342864 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/515-2nd-avenue-lot-5-gravette-ar-72736-1342864)

---

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