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  5. ›Purchase of 13.5 Development Lots in Des Arc, Arkansas

City of Des Arc·Arkansas

Purchase of 13.5 Development Lots in Des Arc, Arkansas

Closes 4/21/2026$500k – $2MInvitation for Bid
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Description

The City of Des Arc is offering 13.5 contiguous lots for development, not for resale, via a sealed‑bid public sale. Interested parties must submit sealed bids by the deadline, after which bids will be opened at a City Council meeting. The sale includes specific parcels within the Erwin Survey, located along Ambrose, Pike, and Chester Streets near the river. This opportunity is suited for developers or investors seeking land for new construction projects. • 13.5 lots (specific block numbers listed) available for development only • Bids must be sealed and delivered to City Hall by April 21, 2026, 12:00 PM • Bid opening scheduled for April 21, 2026, 6:00 PM during City Council meeting • No resale allowed; intended for development purposes • Contact City Hall for details at (870) 256‑4316

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

(870) 256-4316

Key dates

Opened
4/12/2026
Closes
4/21/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531190
Solicitation №
Refcode: #590701

Budget estimate

$500,000 – $2,000,000

The city has not disclosed a price range, but comparable development parcels in small Arkansas river towns typically sell between $500,000 and $2 million depending on size, location, and zoning. Assuming each lot averages $150,000–$250,000, the total purchase price for 13.5 lots would likely fall in that range. Therefore, a reasonable estimate for the contract value is roughly $500k–$2M.

AI estimate from the solicitation

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