0 Park And Blf Ln Holiday Island, AR 72631
This exceptional 3.74-acre parcel presents a remarkable opportunity for multi-family development in the desirable Holiday Island, Arkansas area. Located on Park and Bluff Lane, Unit 303, this gently sloping land boasts convenient access to Highway 23 and is close to a variety of shops and amenities. The property is zoned R-3 Multi-Family Residential District, allowing for the construction of multi-family housing units. The lot size is approximately 3.74 acres, offering ample space for a substantial project. Infrastructure is readily available, with water, sewer, and electric connections accessible at the street. The property's APN is 320-08051-000. This prime location and zoning make this land ideal for investors seeking to capitalize on the growing demand for multi-family housing in the area. The asking price for this exceptional development opportunity is $155,000. The property's address is Park and Bluff Ln, Unit 303, Holiday Island, AR 72631. Don't miss this chance to acquire a significant piece of land with high development potential in a thriving community. The property is situated at latitude 36.4533687 and longitude -93.7226709.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.