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16.3 Acres Commercial/Residential

Spring Valley Road : Cabot, AR 72023

Lonoke County, Arkansas

16 Acres
$750,000 USD
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Property Description

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.

Directions to Property

At the intersection of Highway 5 and Spring Valley Road go west for.15 miles and the property is on the right. It can also be accessed on Greystone Blvd behind the Greystone Shoppes and Sonic. The property is located in the Cabot city limits.

More Property Details

> Mixed Use Zoning
Annual Taxes
$9,259
COMMERCIALFLIP ID
115121
MLS / Other ID
779247
Parcel / Tax ID
729-10302-005
Posted on COMMERCIALFLIP
1,104 Days Ago
Last Updated
27 Days Ago
Views
901
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.