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    1501 Bay St Pine Bluff, AR 71603

    Sponsored
    For Sale
    $75,000

    1.77 Acres, Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.77-acre residential land parcel, located at 1501 S Bay St in Pine Bluff, Arkansas, presents a compelling investment opportunity. Zoned for residential development, this property offers significant potential for new construction or redevelopment. The lot's generous size allows for a variety of project types, from single-family homes to potentially multi-family dwellings, subject to local zoning regulations. Utilities are readily available, with electricity and gas already connected at the property line, simplifying the development process and reducing initial infrastructure costs. Situated in Jefferson County, Arkansas, with a zip code of 71603, this location offers convenient access to local amenities and transportation networks. The property's address is clearly identified as 1501 S Bay St, Pine Bluff, AR 71603. The asking price for this remarkable development opportunity is $75,000. This represents a significant value proposition for developers seeking a prime location in a growing area. Given the existing utilities and the desirable residential zoning, this property is poised for immediate development, making it an attractive investment for both experienced and emerging developers. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities.

    Property Features for 1501 Bay St

    General Information

    Property type
    Land
    Lot Size
    77,101 SF

    HighLights

    • 1.77‑acre development site.
    • Existing utilities (electricity and gas) on‑site.
    • Excellent redevelopment opportunity for office or residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.0423406
    Latitude
    34.2143671

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    FAQs

    What type of property is this?
    Land - 1.77 Acres, Development Opportunity
    Where is this land located?
    The property is located at 1501 Bay St Pine Bluff, AR.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 1.77-acre development site.; Existing utilities (electricity and gas) on-site.; Excellent redevelopment opportunity for office or residential use.
    Request Owner's contact information
    1501 Bay St Pine Bluff, AR 71603
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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
    1501 Bay St Pine Bluff, AR 71603
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