$928,115
SOLD MAR 3, 2025

000 Ar Hwy 5 Cabool, AR 72023

96 Acres
$9,668 Price per Acre
4,181,760 Sq Ft Lot

Recently Sold

59% Below List Price

293 Days on Market

Highlights

  • 96 Acre Lot
  • Mountain Springs Elementary School Rated A-
  • Wooded Lot

About This Lot

As of March 2025

96 ACRES at WESTOAKS, West Oaks Phase III is an addition to West Oaks Subdivision, an established community conveniently located off HWY 5 and HWY 89 in Cabot, Arkansas. ATTENTION DEVELOPERS: The 96 wooded acres at West Oaks includes entitlements for a preliminary plat of 28+ acres and 58 lots Phase III inside Cabot City limits. The Preliminary plat was approved by the City of Cabot in 2008 and roadways were cut in 2009. Leaving the remaining acreage for future development. The West Oaks subdivision is comprised of single-family homes. Lots sizes approximately .35acres, with 1800 sqft minimum. The location conveniently offers easy access to the interstate for a quick commute to work, shopping, schools, and surrounding cities. Approx. 1,450' of Hwy 5 Highway Frontage with COMMERICAL potential! Water, Electric, Sewer, and Fiber available. Traffic count as a High Traffic Location with over 14,000 per day on Hwy 5 per AHTD. The ARDOT proposed HWY 5 widening will start at the property line, estimated to start in 2025, could be prime commercial property.

Last Agent to Sell the Property

Crystal Beatty

Modern Realty Group Listed on: 12/12/2023

Last Buyer's Agent

Ranae Ward

Signature Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109

Lot Details

  • 96 Acre Lot
  • Property fronts a highway
  • Sloped Lot
  • Wooded Lot
  • Zoning described as Neighborhood

Utilities

  • Underground Utilities
  • Co-Op Electric

Listing and Financial Details

  • Assessor Parcel Number 726-00201-000 & 726-00202-000

Property Details

Property Type

Land

Est. Annual Taxes

$109

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Legally Subdivided, Approved Plat, Deed Restrictions, Bill Of Assurance
  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 12/12/2023
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Acreage
  • Zoning Type: Neighborhood, Single Family
  • Per Acre Price: 23437
  • Sold Price Per Acre: 9667.86
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street, State Road, U.S. Highway

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural, All Underground

Lot Info

  • Estimated Lot Size: 96
  • Estimated Lot Size: 96 acres
  • Lot: Sloped, Wooded, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 726-00201-000 & 726-00202-000

Tax Info

  • Annual Taxes: 109
  • Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $928,115 -48.4% --
09/30/2024 09/30/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $1,800,000 -20.0% --
12/12/2023 12/12/23 For Sale $2,250,000 -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23039549

Cooperative Arkansas REALTORS® MLS