1501 S Bay St, Pine Bluff, AR 71603
For Sale
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This exceptional 1.77-acre residential land parcel, located at 1501 S Bay St in Pine Bluff, Arkansas, presents a compelling investment opportunity. Zoned for residential development, this property offers significant potential for new construction or redevelopment. The lot's generous size allows for a variety of project types, from single-family homes to potentially multi-family dwellings, subject to local zoning regulations. Utilities are readily available, with electricity and gas already connected at the property line, simplifying the development process and reducing initial infrastructure costs. Situated in Jefferson County, Arkansas, with a zip code of 71603, this location offers convenient access to local amenities and transportation networks. The property's address is clearly identified as 1501 S Bay St, Pine Bluff, AR 71603. The asking price for this remarkable development opportunity is $75,000. This represents a significant value proposition for developers seeking a prime location in a growing area. Given the existing utilities and the desirable residential zoning, this property is poised for immediate development, making it an attractive investment for both experienced and emerging developers. Serious inquiries are encouraged to explore the full potential of this exceptional land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities.
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
Similar Nearby for Lease
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.