1005 Fordyce StEngland, AR 72046

Property Details for 1005 Fordyce St

Year built

1985

Lot size

1.62 AC

Property size (Sq ft)

8,880 SF

Property type

Outlet malls

APN

750-90051-000

APU

75090051000

Description

This exceptional 1.63-acre lot presents a unique opportunity for development in the desirable town of England, Arkansas. Located at 1005 Fordyce, this property offers significant potential for a variety of uses, subject to local zoning regulations. The expansive acreage provides ample space for a single-family residence, a small commercial building, or even a multi-unit development. The land is currently undeveloped, offering a blank canvas for your vision. Buyers are responsible for conducting their own due diligence regarding utilities, zoning, and any necessary permits. Given its size and location, this property represents an excellent investment opportunity in a growing area. The asking price of $3,000 makes this an exceptionally affordable entry point into the Arkansas real estate market. Serious inquiries are encouraged to explore the possibilities this land offers. The address is clearly identified as 1005 Fordyce, England, AR. This is a rare chance to acquire a substantial parcel of land at a remarkably low price. Act quickly, as opportunities like this are seldom available. The property's size and location within England, AR, make it an attractive prospect for those seeking a building site or land investment. No existing structures are present on the property. Further investigation into the specifics of the land's suitability for various projects is recommended.

• CAP approach

  CAP return

  Valuation

  6%

  $2,074,860

  6.5%

  $1,915,255

  7%

  $1,778,451

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,600,670

  Geo Method

  $1,600,670

• Alternative Use

  Use

  Valuation

  Residential

  $1,615,589

  Hospitality

  $1,479,871

  Educational

  $1,231,235

  Medical

  $1,273,579

  Retail

  $1,915,255

Location Insight

City

England

County

Lonoke

State

Arkansas

Latitude

34.547

Longitude

-91.9581

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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