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This 16.3 acres is located in the Cabot city limits and is currrently zoned R-5 for Multi Family Residential. This property is located in Lonoke County (Cabot), Arkansas

16.3 Acres Commercial/Residential Development

Lonoke County, AR · 16.3 +/- AC · $750,000

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All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

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16.3 Acres Commercial/Residential Development in Lonoke County, AR

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16.3 Acres Commercial/Residential Development

    

Lonoke County, Arkansas
16.3 +/- Acres
$750,000

Parcel #/ID:  729-10302-005

This 16.3 acres is located in the Cabot city limits and is currrently zoned R-5 for Multi Family Residential. There are some very nice apartment homes just to the south of this particular property. There are businesses located just to the east including a small strip mall, a Sonic and a Rehabilitation Center. The property is also located just across Highway 5 from the Greystone Country Club and neighborhood. The property is flat and currently all timberland. It is not in a flood zone and could be easily cleared for development. Since it is zoned R-5, the property would have to be re-zoned for any commercial development. Would be ideal for a nice apartment complex, small business or a mini storage facility. Seller will subdivide the property!

Estimated Acres:

16.3+/- acres (all timberland acres)

Legal Description: Download Legal Description

Property Highlights:

  • Great Lcoation

  • No Flood Zone

  • Flat

  • Two Access Points

  • Could be easily divisible

  • Seller will Subdivide the Property!

  • Property Zoned R-5 Multi Family Residential

Taxes:  $9,259/year (2016)

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