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    North Willie Ray Dr Cabot, AR 72023

    For Sale
    $3,575,000

    Acreage - Cabot, AR

    Lot size:
    55.00 Acres
    Days on Market:
    335
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for North Willie Ray Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    55.00 Acres

    Building Details

    Architectural style
    Other

    Venture Realty Group (501) 259-8437

    Listing agent Joshua Cole (501) 259-8437

    Listing date Jan 14, 2025

    MLS# 25000890 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

    55 Acres Future Development Site

    This approximately 55-acre property is a future development site opportunity with frontage on N. Willie Ray Drive and Ernie Davis in Cabot, Arkansas. The land is mostly wooded, with a small portion located in Flood Plain X. A significant portion of the property is not in the flood plain. It borders the City of Cabot land designated for the new sports complex and the exit ramp interchange area. The property is open to subdivision. An official survey will follow, with a prior survey with markups available for review.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cabot
    County
    Lonoke
    State
    Arkansas
    Longitude
    -92.0448
    Latitude
    34.9793

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    FAQs

    What type of property is this?
    Land - 55 acres of land for future development in Cabot, AR.
    Where is this land located?
    The property is located at North Willie Ray Dr Cabot, AR.
    What is the asking price?
    The asking price for this property is $3,575,000.
    What are key features of this property?
    This property features: - Adjacent to the City of Cabot's new sports complex.; - Borders the Exit Ramp interchange area.; - Approx. 55 acres suitable for future development.
    (501) 259-8437
    Request Owner's contact information
    North Willie Ray Dr Cabot, AR 72023
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    Cabot, AR 72023
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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

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    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
    North Willie Ray Dr Cabot, AR 72023
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