Real Estate Development Arkansas

Real Estate development is an individual or company builds on a property or improves or modifies a property in Arkansas. Real estate development can be very useful and profitable, but there are large risks. This website will give an overview of the basics of real estate development.


1 . Local Companies

McKissic Creek Office Center
479-273-3500
4 McKissic Creek Rd.
Bentonville, AR
Dalrymple Commercial
501 305-4257
1560 West Beebe Capps Expy
Searcy, AR
Trinity Consultants
(501) 225-6400
10025 W. Markham, Suite #245
Little Rock,, AR
Overstreet Appraisal Service
501-268-1680
PO Box 1373
Searcy, AR
Diamond Development
(501) 455-2074
9201 Stagecoach Rd
Little Rock, AR
Maumelle Enterprises
(501) 753-6923
10605 Maumelle Blvd
North Little Rock, AR
Barber Group
(479) 756-8999
2921 S Old Missouri Rd
Springdale, AR
Osborne Development
(870) 774-8001
3417 E 54th St
Texarkana, AR
Watson-Long Development Llc
(501) 362-1711
920 Highway 25B
Heber Springs, AR
Bsi Co
(501) 336-9820
2611 Prince St
Conway, AR

2 . Real Estate Development - Basics

Real Estate Development - Basics A real estate developer (American English) or property developer (British English) makes improvements of some kind to real property, thereby increasing its value. The developer may be an individual, but is more often a partnership, limited liability company or corporation. There are two major categories of real estate development activity: land development and building development (also known as project development).

3 . Land Development in Arkansas

Land Development in Arkansas Land developers in Arkansas typically acquire raw land (real property with no improvements or infrastructure) and improve it with utility connections, roads, earth grading, covenants, and entitlements. Infrastructure improvement provides a base for further development of built improvements. Covenants define the context in which future development of built improvements may take place (often in the form of deed restrictions on particular parcels: a sort of "private zoning code" limited only to those properties). Entitlements are secured legal permissions from regulatory bodies (typically in the form of permits, but sometimes in the form of re-zoning or planned unit developments). Once these improvements have been made to the raw land, it is typically subdivided and sold piecemeal at a profit to Building Developers or individuals in Arkansas.

4 . Building Development

Building Development Building developers acquire raw land, improved land, and/or re-developable property in order to construct building projects. The buildings are then sold entirely or in part to others (usually for a significant profit), or retained as assets to produce cash flow via rents and other means. Some building developers have their own internal departments for designing and constructing buildings (more common among smaller developers), while others subcontract these parts of the work to third parties (typical of larger developers).

5 . Featured Local Company

McKissic Creek Office Center

479-273-3500
4 McKissic Creek Rd.
Bentonville, AR
http://www.mckissiccreekcenter.com/

Related Local Event
Arkansas Association of Realtors Annual Convention
Dates: 9/8/2009 - 9/10/2009
Location: TBD
Little Rock, AR
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