Property profile

2905 Mt. Spg Rd Cabot, AR 72023

OFF-MARKET
Land
5.81 ac lot
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Property summary

AI-generated overview

This exceptional 5.81-acre property in Cabot, Arkansas, presents a unique opportunity for residential development. Comprising three contiguous lots situated on the corner of Mt. Springs Road and Crestview Drive, this land offers scenic views and a desirable location within the Lindulake Estates community. The property is less than one mile from Mt. Springs Elementary School, providing convenient access to local amenities. While the lots are sloped, several buildable areas exist, offering flexibility in design. Mature trees provide ample shade across the land. The asking price is $50,000, translating to $0.20 per square foot. This location boasts easy access to major roadways, with quick connections to Highway 67/167 via Highway 5 or Willie Ray Drive. The combined lots present an ideal opportunity to build multiple homes, making it an attractive investment for builders or those seeking to create a family compound. The address is 2905 Mt. Springs Rd., Cabot, AR 72023, located in Lonoke County.

Property profile

Verified
Property type Land
Lot 5.81 ac (253,084 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2905 Mt. Spg Rd Cabot, AR 72023
Cabot metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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