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    Hwy 10 & Chenal Pkwy Little Rock, AR 72223

    Sponsored
    For Sale
    Contact for pricing

    Prime Little Rock commercial land, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 61.33-acre commercial land parcel presents a significant development opportunity in Little Rock, Arkansas. Located at the intersection of Highway 10 and Chenal Parkway in Pulaski County, zip code 72223, this property boasts a strategic location within a steadily growing commercial area. The land is zoned O-3, C-3, and PCD, offering flexibility for a variety of commercial uses. The lot size allows for substantial development, ranging from approximately 1.28 acres to approximately 60.14 acres, depending on the specific configuration. Its prime location offers convenient access to major thoroughfares, ensuring high visibility and accessibility for any future development. The area is characterized by a strong presence of established businesses, including the new Bank OZK headquarters and other professional office establishments. Furthermore, the property benefits from its proximity to a Walmart Supercenter, and is conveniently located near Robinson Schools, Little Rock Christian Academy, and Baptist Prep School systems. The nearby Dairy Queen restaurant recently achieved record-breaking sales, further highlighting the area's strong commercial viability. This is an unparalleled opportunity to capitalize on the growth and potential of this thriving West Little Rock location. Land value is priced between $6 and $20 per square foot.

    Property Features for 0 Hwy 10 & Chenal Pkwy

    General Information

    Property type
    Land
    Lot Size
    2,671,535 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4896175
    Latitude
    34.8111338

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    FAQs

    What type of property is this?
    Land - Prime Little Rock commercial land, development ready.
    Where is this land located?
    The property is located at Hwy 10 & Chenal Pkwy Little Rock, AR.
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    Hwy 10 & Chenal Pkwy Little Rock, AR 72223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hwy 10 & Chenal Pkwy Little Rock, AR 72223
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