About This Home

This land at 1000 E Center ST lot: 4 & 7 in Greenwood, AR is listed for $400,000 (10.00 acres).

Key Features

  • 10.00 acre lot
Listing Description

A rare development opportunity in one of Greenwood's growing corridors. Directly next door to Real Food Co., a locally respected business offering fresh daily meals/catering, the property benefits from consistent traffic & a customer base. It borders King Mountain Estates, a well-loved neighborhood known for its affordable, classic homes.

East Pointe/East Hills Middle School are close neighbors as well. This is a location that already works-supported by rooftops, schools, & long-standing community trust. This property represents the last large commercial tract available before the new Greenwood bypass.

Once the bypass is complete, opportunities of this size and visibility will be virtually nonexistent in this area, placing this site in a highly strategic position for long-term growth and value appreciation. For commercial developers, Greenwood is actively in need of elevated, thoughtfully planned commerce.

This location would strongly support an upscale market, specialty retail, wellness or fitness studio, professional offices, creative workspace, or food-forward concept. Greenwood is ready for development that is intentional, attractive, and community-minded.

For residential developers, the property offers compelling long-term potential. Subject to city approval, the land could be considered for rezoning to residential use. The natural hillside creates an ideal setting for a pocket neighborhood with architectural character, courtyard-style living, definitely sought after -but currently not available in Greenwood.

A mixed-use approach is also a strong possibility-maintaining a commercial corridor along the frontage while developing residential homes behind, creating a balanced and future-forward use of the land. The property may be divided, subject to city approval. Located in the award-winning Greenwood School District. This is an excellent investment for those looking to build with purpose. Owner/Agent

Location

1000 E Center ST lot: 4 & 7

Greenwood, AR 72936

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Questions & Answers

This 0-bedroom, 0-bathroom land at 1000 E Center ST lot: 4 & 7 is listed at $400,000. The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 10.00 acre lot.

This property is listed by Tonia Hobbs.

TH

Tonia Hobbs

Agent at Prudential Ulmer Real Estate Co.

Listed by Prudential Ulmer Real Estate Co. · Broker phone: (479) 996-6121 · View on Broker Site · Broker website

MLS# 1086628· Source: Western River Valley Board of REALTORS®· 282 days on PropertySimple

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1000 E Center ST lot: 4 & 7, Greenwood, AR 72936

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