Residential Development Land with Conditional
For Sale
$204,400
2R Colony Circle, Bay, AR 72411
COMMERCIAL - Bay, AR
Property SizeContact for details
Lot Size3.11 Acres
Days on Market50
Property Features for 2R Colony Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MF-2 18 Unit/AC
Subdivision
Not in List
Lot features
Level
Elementary school
BAY
Middle school
BAY
High school
BAY
Directions
I-555, exit 35 toward Bay, keep right, right on Colony Circle
Standard status
Active
Lot size
3.11 Acres
Taxes and HOA fees
Tax Description
Lot 1,2,3,4,6,7,8 Block A
Legal Description
Lot 1,2,3,4,6,7,8 Block A
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Meredith Edwards · License #SA00056487
(870) 243-4035
Added: Jul 15
Changed: Aug 4
Last Checked: Sep 2 at 10:06AM
MLS# 26028544
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 3.11-acre parcel is zoned R-3 and has a conditional use approved for townhome, apartment, or condo development. City utilities are located on the property, supporting ready serviceability for the approved residential uses. Additional acreage is also available.
The property is located off I-555, and the city indicates it will allow commercial zoning.
For buyers seeking flexibility, this land combines an approved residential conditional use with the possibility of commercial zoning approval from the city.
The property is located off I-555, and the city indicates it will allow commercial zoning.
For buyers seeking flexibility, this land combines an approved residential conditional use with the possibility of commercial zoning approval from the city.
Key Highlights
- Acreage located off I‑555 with R‑3 zoning
- Conditional use approved for townhome, apartment, or condo
- City utilities available on the property
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 72411, AR
2,406
Population
1,143
Households
2.1
Avg Household Size
38
Median Age
12%
College-Educated
87%
High-School Grad
36.2 sq mi
ZIP Area
66
Density / Sq Mi
$53,158
Median Household Income
$36,483
Median Earnings
$1,013
Median Rent
$101,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3.11-acre parcel zoned R-3 with conditional use approved for townhomes, apartments, or condos, with city utilities on site.
Where is this residential land & home lot located?
The property is located at 2R 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: Acreage located off I‑555 with R‑3 zoning; Conditional use approved for townhome, apartment, or condo; City utilities available on the property
