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Property profile & analytics
OFF-MARKET
Land

Meadows Bay Ln North Little Rock, AR 72117

88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 88-acre parcel in North Little Rock, Arkansas, presents a remarkable opportunity for residential or multifamily development. Zoned R-2, the property boasts existing utilities, a significant advantage stemming from its proximity to the Rausch Coleman residential development. Its strategic location places it just south of recently constructed Amazon, Lowe's, and Dollar General distribution centers, indicating a thriving and expanding commercial sector. Further development is planned for the immediate area, including a new Baptist Health facility at East Broadway and England Road/Highway 165. The property's accessibility is further enhanced by improvements to Faulkner Lake Road, which has been elevated to mitigate past flooding issues and ensure seamless connectivity to I-440. With England Road boasting a high traffic count of 17,000 vehicles per day, this location offers exceptional visibility and convenient access for residents. The asking price for this expansive tract is $3,833,280. This represents a compelling investment opportunity in a rapidly growing area of North Little Rock, Arkansas, zip code 72117. The property's size and strategic location make it ideally suited for a large-scale residential or multifamily project.

Property profile
Verified
Property type Land
Lot 88 ac (3,833,280 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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