This cannot be answered without providing the units i.e. feet, inches, metres etc of 118 and 223
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That would be 0.37 acres.
3.02272264602 acres
Acres = Square Feet / 43560 Your lot is 0.806 acres
3.49 acres
221.3 ft * 300 ft = 66390 sq ft = 1.524 acres (to 3 dp)