245 Kayla Ln, Lonoke, AR, 72086
About This Home
Rare opportunity in Lonoke! This versatile 4,800 sq. ft. shop on 5 acres offers multiple income and lifestyle possibilities. Zoned Commercial, the property features two separate living spaces inside the shop. The ground-level apartment offers 800 sq. ft. with 1 bedroom, 1 bath, an open living/dining/kitchen layout (island does not convey), plus a large laundry room with abundant storage. Upstairs, you'll find a spacious 500 sq. ft. efficiency apartment with full kitchen, bath, and large storage room. Together, the apartments currently generate $1,800 per month in rental income. The shop itself provides ample workspace with a third bathroom and utility sink, making it ideal for a business, contractor, hobbyist, equipment storage, or warehouse use. Live in one apartment while renting the other, lease both for investment income, operate your business onsite, or create the ultimate work-live setup. The 5-acre tract provides room for expansion, equipment, parking, outdoor storage, or future development opportunities. Whether you're an investor seeking cash flow, an entrepreneur needing workspace, or a buyer looking to offset expenses. No seller financing. Let's negotiate a deal today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Metal/Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Electric Water Heater
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Features: Living/Dining Combo
Features
- Kit Counter-Formica,Sheet Rock,Sheet Rock Ceiling
- Flooring: Laminate
- Fireplace features: None
Heating & Cooling
- Heating features: Electric,Ductless
- Cooling features: Electric
Interior Area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Details
- Parcel number: 78108114000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 5 Acres
- Features: Level,Wooded,Cleared
Parking
- Parking features: Carport
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Strong Wind
- Tornado
- Earthquake
- Heat Wave
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,314 | $15,768 |
| Home Insurance | $279 | $3,348 |
| Property Taxes | $123 | $1,476 |
| Electricity | $347 | $4,171 |
| Total | $2,063 | $24,756 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $260,000 |
| 2022-12-02 | Listing removed | -- |
| 2022-10-16 | Listed for rent | $900 |
| 2021-08-27 | Listing removed | -- |
| 2021-06-27 | Listed for rent | $900 |
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