2 Colony Circle Bay, AR 72411

Listing Agency Coldwell Banker Village Communities Inc b***@coldwellbankerjonesboro.com Show Phone

2704 S Culberhouse #a, Jonesboro, AR

Listed by Meredith Edwards · License #SA00056487 Show Phone

Added: Jul 15 Checked: Jul 16 at 4:06 pm

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MLS# 10131087 Listing URL

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This for-sale development parcel is 2.92 acres and is zoned R-3 with conditional use approval for townhome, apartment, or condo development. City utilities are on the property, and the land has been removed from the flood zone.

The property is located off I-555 in Bay, within Craighead County, AR. Additional acreage is available for expansion. The City of Bay is also willing to consider rezoning the property for commercial zoning.

The lot is being marketed as a multi-use site that supports the currently approved residential conditional uses, with the potential to pursue commercial zoning with the City’s cooperation.

Key Highlights

• Zoned R‑3 with conditional use approved for townhome, apartment, or condo
• City utilities located on the property
• Property is off I‑555 with additional acreage available

Property Analytics

Property Profile Location Intelligence

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FAQs

What type of property is this?

Residential land & home lot - Residentially zoned land in Bay, AR with utilities onsite and flood-zone removal, offering conditional approval for multifamily housing.

Where is this residential land & home lot located?

The property is located at 2 Colony Circle 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; City utilities located on the property; Property is off I‑555 with additional acreage available