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Lot/land
  • $400,000

    1000 E Center St, Greenwood, AR 72936

    --beds
    --baths
    10Acres
    Unimproved Land
    Built in ----
    10 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    185 days
    |
    36
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tonia Hobbs 479-719-5488,

    McGraw REALTORS 479-996-6121

    Source: Western River Valley BOR,MLS#: 1086628Originating MLS: Fort Smith Board of Realtors

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Fencing: None,Partial
      Lot
      • Size: 10 Acres
      • Dimensions: 10 +/- Acres
      • Features: Cleared, City Lot, Open Lot, Level, Split Possible, Wooded
      • Topography: Level,Rolling
      • Residential vegetation: Partially Wooded, Wooded
      Details
      • Parcel number: 6000100000132900

      Utilities & green energy

      • Water: Other, See Remarks
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: -
      Location
      • Region: Greenwood

      Financial & listing details

      • Tax assessed value: $16,560
      • Annual tax amount: $147
      • Date on market: 1/23/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $872/mo

        Price history

        DateEventPrice
        1/23/2026Listed for sale$400,000
        Source: Western River Valley BOR #1086628 Report a problem
        1/2/2026Listing removed$400,000
        Source: Western River Valley BOR #1070321 Report a problem
        8/1/2024Price change$400,000+110.6%
        Source: Western River Valley BOR #1070321 Report a problem
        5/2/2024Price change$189,900-55.8%
        Source: Western River Valley BOR #1071932 Report a problem
        2/6/2024Listed for sale$430,000+270.7%
        Source: Western River Valley BOR #1070321 Report a problem
        11/7/2013Sold$116,000
        Source: Western River Valley BOR #652791 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$179 +21.2%$3,312 +22.7%
        2024$147 $2,700
        2023$147 $2,700
        2022$147 $2,700
        2021$147 $2,700
        2020$147 -0.7%$2,700 -0.7%
        2019$148 $2,720
        2018$148 $2,720
        2017$148 +0.2%$2,720
        2016$148 $2,720
        2015$148 -12.8%$2,720 -65.8%
        2014$170 -57.4%$7,950 +4.1%
        2013$399 +8.4%$7,635 +8.4%
        2012$368 +9.1%$7,045 +9.1%
        2011$337 -0.3%$6,455 0%
        2010$338 +21.6%$6,457 +10%
        2009$278 $5,870 +1%
        2005-- $5,810 +0.9%
        2004-- $5,760
        2003-- $5,760
        2002-- $5,760 +11.6%
        2001-- $5,160
        2000-- $5,160
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72936

        Getting around

        13 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Pointe
        • Middle: East Hills
        • High: Greenwood
        • District: Greenwood

        Source: Western River Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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