4.41 Acres of Potential with Fixer-Upper Opportunity – $45,000 in Mayflower, AR
Here’s your chance to own over 4 acres of land in Mayflower, Arkansas, perfect for those with a vision and the tools to bring it to life. Due to unforeseen circumstances, the seller is parting with this property, offering an excellent opportunity for buyers looking to invest in acreage with potential. Whether you’re interested in building your dream home, starting a new project, or making an investment, this property is waiting for someone to unlock its possibilities.
Spacious Acreage with Endless Possibilities:
- 4.41 Acres of Land: This generous plot of land is ready for your next project. Whether you’re looking to create a private estate, build a new home, or start an outdoor venture, this space provides ample room for growth.
- Electric Service Available: The property already has access to electric service, making it easier to connect utilities if you decide to build.
- Well Water Needs Installation: While the land does not have an existing water system, well water can be installed to provide all the water you’ll need for your property.
Fixer-Upper Opportunity:
- 3-Bedroom, 2-Bath Home: The existing home has been condemned after flooding and is currently uninhabitable. Although some remodeling has been started, it is being sold as-is, with no value assigned to the house. This is the perfect opportunity for those focused on purchasing land rather than the existing structure.
- Faulkner County OEM Regulations: The property is under regulations from the Faulkner County Office of Emergency Management (OEM) due to its prior flooding history. Buyers are advised to contact the OEM for full details on regulations and stipulations before proceeding with any development or construction plans.
Sold As-Is: A Blank Canvas for Your Vision:
This property is priced for its land value only, offering a blank canvas for a variety of uses. The existing home presents an opportunity for those willing to invest in demolition or renovation, or simply focusing on the large lot for new construction projects. This property is ideal for anyone looking to develop a property from the ground up.
Property Details:
- Price: $45,000
- Address: 4 Burr Flat Rd, Mayflower, AR 72106
- Bedrooms: 3 (Home sold at no value)
- Bathrooms: 2
- Living Space: 1,924 sq. ft. (House uninhabitable)
- Lot Size: 4.41 acres
Important Notes:
- Flood Zone: The property is located in a flood zone and has experienced flooding three times since 1969. Buyers should take into consideration the risk and verify all flood-related concerns with the Faulkner County OEM.
- Sold with No Disclosures: As the house is being sold as-is, no disclosures are available. Buyers are encouraged to conduct their own due diligence before submitting an offer.
- Cash Offers Only: Due to the condition of the property, only cash offers will be considered. This makes the property a perfect opportunity for buyers looking for an investment in raw land with development potential.
Why This Property is Worth Considering:
This 4.41-acre lot offers an incredible opportunity to bring your vision to life. Whether you’re a developer looking for a blank canvas, someone wanting to build your dream home in a quiet area, or simply an investor looking for land with growth potential, this property is a solid choice. With the existing home offering land value only, this is an opportunity to focus on creating something new and exciting.
Act Now – Bring Your Cash Offers and Vision!
Don’t miss out on this affordable opportunity to secure land in Mayflower, AR. Bring your cash offers and imagination to transform this property into your ideal space. Whether you’re looking to rebuild, start fresh with new construction, or use the land for other purposes, this is a rare chance to make it your own.
For more information or to schedule a viewing, contact the listing agent directly via the Zillow link below the photos.
Listed for sale on Zillow
