102 Ct St Lonoke, AR 72086-2855
This exceptional commercial property, located at 102 Court in Lonoke, Arkansas, presents a unique investment opportunity. Spanning 0.11 acres, this lot offers significant potential for a variety of commercial ventures. Its strategic location within Lonoke provides easy access to local businesses, amenities, and transportation routes, making it an ideal site for a new construction project or redevelopment. The property is classified as "Other," allowing for flexibility in its intended use, subject to local zoning regulations. The asking price is $185,000, representing a compelling value for a commercial lot of this size and location in a growing Arkansas market. Given the limited acreage available in this area, this property represents a rare chance to secure a foothold in a thriving community. Prospective buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses. The absence of square footage information underscores the blank canvas this property presents for a customized development. This is a chance to build something truly unique and tailored to specific business needs. Serious inquiries are welcome. The property is ready for its next chapter, and the possibilities are endless. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.