Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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