Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2R Colony Cir Bay, AR 72411

    For Sale
    $204,400

    Multi-Family Lot - Bay, AR

    Lot size:
    3.11 Acres
    Days on Market:
    172
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 2R Colony Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    Lot size
    3.11 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Village Communities (870) 935-7800

    Listing agent Meredith Edwards (870) 935-7800

    Listing date Jun 18, 2025

    MLS# 25024084 Listing URL

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

    Overview

    Multi-Family Lot in Bay, AR

    This 3.11-acre lot is located off I-555 and zoned R-3. Conditional use has been approved for townhome, apartment, or condo development. City utilities are available on the property. Additional acreage is also available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -90.5729
    Latitude
    35.7456

    Nearby Similar for Sale

    • New
      $119,900
      1,248 SF

      Versatile Commercial Space in Bay, AR

      Adaptable commercial property on main road, ideal for various ventures.
      201 S Bay Dr, Bay, AR 72411
      View Details
    • $180,000
      1,920 SF

      Established Restaurant Business Opportunity

      Turnkey restaurant with loyal customer base in Bay, Arkansas.
      207 N Bay Dr, Bay, AR 72411
      View Details
    • $195,000
      2,884 SF

      Retail Property in Bay, Arkansas

      Retail property for sale, currently operating as a day care.
      101 School St, Bay, AR 72411
      View Details
    • $195,000
      2,884 SF

      Operating Day Care in Bay, AR

      Day care center for sale with existing lease.
      101 School St, Bay, AR 72411
      View Details
    • $189,900
      0.50 Acres

      Bay Commercial Property - Prime Location

      Half-acre lot, ideal for various businesses.
      201 Bay Dr, Bay, AR 72411
      View Details
    • $199,900
      0.07 Acres

      Bay, AR Commercial Lot - Prime Location

      0.07-acre lot, ideal for development. High-traffic area.
      101 School St, Bay, AR 72411
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.11 acre lot zoned R-3 for multi-family development.
    Where is this residential land & home lot located?
    The property is located at 2R 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.; - City utilities are available on the property.; - Convenient access with location off I-555.
    (870) 935-7800
    Request Owner's contact information
    2R Colony Cir Bay, AR 72411
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2R Colony Cir
    Bay, AR 72411
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2R Colony Cir Bay, AR 72411
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.