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    2 Colony Cir Bay, AR 72411

    For Sale
    $204,400

    Acreage - Bay, AR

    Lot size:
    2.92 Acres
    Days on Market:
    172
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 2 Colony Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    APN
    01-133032-04100
    Lot size
    2.92 Acres

    Building Details

    Architectural style
    Other

    COLDWELL BANK VILLAGE COMMUNITIES (870) 935-7800 [email protected]

    Listing agent Meredith Edwards (870) 935-7800 License #00056487

    Listing date Jun 18, 2025

    MLS# 10122740 Listing URL

    Copyright © 2025 Northeast Arkansas Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acreage Zoned R-3, Bay, AR

    This 2.92-acre property is located off I-555 and is zoned R-3. Conditional use has been approved for townhome, apartment, or condo development. City utilities are available on the property. Additional acreage is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Kitchen & Bath Storage Facility Furniture Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.57619
    Latitude
    35.75256

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    FAQs

    What type of property is this?
    Land - Acreage with conditional use approval for townhome, apartment, or condo.
    Where is this land located?
    The property is located at 2 Colony Cir Bay, AR.
    What is the asking price?
    The asking price for this property is $204,400.
    What are key features of this property?
    This property features: - Zoned R-3 with conditional use approved for townhome, apartment, or condo development.; - Located off I-555, providing convenient access.; - City utilities are available on the property.
    (870) 935-7800
    Request Owner's contact information
    2 Colony Cir Bay, AR 72411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Colony Cir Bay, AR 72411
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