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55 & 115 Frontage Rd

25.91 Acres of Commercial Land Offered at $1,960,200 in Lonoke, AR 72086

Investment Highlights

  • High Visibility Location with Traffic Counts of 37,000-40,000 VPD.
  • Previous uses and Structures include a Motel and Restaurant.
  • This 25.91 Acre Lot is Zoned C-2 and is Conveniently Location off Exit 175 on I-40.
  • This Property is Also Available for Lease on Negotiable Terms.

Executive Summary

High Visibility Location with Traffic Counts of 37,000-40,000 VPD. This 25.91 Acre Lot is Zoned C-2 and is Conveniently Location off Exit 175 on I-40. Sales Price is Based on +/- 12 Usable Acres. Previous uses and Structures include a Motel and Restaurant. This Property is Also Available for Lease on Negotiable Terms. Part of this property is in the Flood Plain.

Property Facts

Price $1,960,200
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Bank
  • Carwash
  • Community Center
  • Convenience Store
  • Distribution
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Industrial Park
  • Lumberyard
  • Medical
  • Motel
  • Office Park
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Storefront, Retail or Office
  • Strip Center
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 25.91 AC

1 Lot Available

Lot

Price $1,960,200
Price Per AC $75,654
Lot Size 25.91 AC

High Visibility Location with 37,000-40,000 VPD. This 25.91 Acre Lot is Zoned C-2 and is Conveniently Location off Exit 175 on I-40. Sales Price is Based on +/- 12 Usable Acres. Previous uses and Structures include a Motel and Restaurant.

Description

High Visibility Location with Traffic Counts of 37,000-40,000 VPD. This 25.91 Acre Lot is Zoned C-2 and is Conveniently Location off Exit 175 on I-40. Sales Price is Based on +/- 12 Usable Acres. Previous uses and Structures include a Motel and Restaurant. This Property is Also Available for Lease on Negotiable Terms.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
781-90101-000
Land Assessment
$86,520
Improvements Assessment
$43,440
Total Assessment
$129,960

zoning

Zoning Code C-2
C-2
  • Listing ID: 24003589

  • Date on Market: 8/30/2021

  • Last Updated:

  • Address: 55 & 115 Frontage Rd, Lonoke, AR 72086

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