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+/- 37 Acre Tract at Faulkner Lake - East Pulaski County Arkansas
Bid history
since Jul 6$10,000+$32,500 (+325%)$42,500
BidProwl Summary
This is a 37 acre waterfront parcel on Faulkner Lake in East Pulaski County with direct highway access on AR-391, zoned industrial and conservation, located 1.5 miles from I-40 and 15 minutes from downtown Little Rock. Buyers typically include land investors, developers seeking industrial or mixed-use opportunities, and recreational property flippers targeting lake access parcels for resale. Verify the actual survey boundaries and appraisal details, confirm current zoning restrictions and any conservation easements that might limit development, and inspect the water access quality and lakefront condition since the listing notes salvage status.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from GovDeals
Discover the perfect blend of rural tranquility and city convenience with this exceptional 37 +/- acre property in Pulaski County, uniquely positioned between Galloway and Baucum.
Property Highlights:
- Acreage Breakdown: See Survey Attached
- Waterfront Access: Direct private access to the lake for fishing or relaxation.
- Strategic Location: Situated on AR-391 (Faulkner Lake Road) with direct highway access.
- Interstate and Highway Access: Only 1.5 miles south of I-40 & US-70, and 3.5 miles east of I-440.
- Proximity: 15 minutes from downtown Little Rock and North Little Rock.Please find Survey and Appraisal in Attached Media
Zoning information: I2 (Industrial) and Conservation
NLR City Zoning Map: https://pagis.org/webapps/scratch/nlrz7/
Property location
Little Rock, AR 72205
Open in Google MapsArkansas Game and Fish Commission - Real Estate
Condition: Salvage/Damaged
Inspection terms▾
Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk. It is highly recommended that interested bidders arrange for an external inspection personally or through a designated and that they contact the county or city in which the property is located to confirm the status of the property. All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence.
Removal terms▾
Closing Instructions for Buyer GovDeals 1. Selection of Closing Agent Upon receipt of bids and determination of the successful bid, the AGFC Real Estate Division will select a licensed Arkansas title company to serve as the closing agent. You will be notified of the chosen title company within five (5) business days of the auction closure. 2. Funds and Escrow All funds collected through GovDeals will be conveyed to AGFC and held in escrow by the selected title company. Buyer will be notified within two (2) business days upon funds received and deposited at the title company. 3. Timeline and Completion Closing must be completed within 120 days of the execution of the Contract of Sale, unless changed by mutual agreement between AGFC and the buyer. 4.
