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    Chenal Pkwy Little Rock, AR 72211

    Sponsored
    For Sale
    $1,500,000

    Prime Little Rock commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located in Little Rock, Arkansas, presents a unique investment opportunity. Situated on Chenal Parkway, at the signalized intersection with Wellington Hills Road, this property offers unparalleled visibility and accessibility. The lot size ranges from 1.36 to 5 acres, providing flexibility for various development projects. Priced at $1,500,000, or approximately $8.00 per square foot, this land boasts a highly desirable location. The property is adjacent to Wellington Center, a thriving commercial hub featuring established businesses such as Restoration Health, iCode, and Painted Tree Salad Works. Furthermore, it benefits from proximity to a wealth of national retailers, including Kroger Marketplace, Costco, Marshall's, Five Below, Kohl's, AMC Theater, HomeGoods, and Walgreens, ensuring high traffic and consumer visibility. This prime location in Pulaski County, zip code 72211, offers significant potential for substantial return on investment. The property's strategic positioning and surrounding amenities make it an exceptional opportunity for developers seeking a high-impact commercial development site in a rapidly growing area of Little Rock. The address is Chenal Pkwy, Little Rock, AR 72211.

    Property Features for 0 Chenal Pkwy

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • 1,500,000 Pad Site Available for Sale.
    • 5‑Acre Parcel Available for $8.00/SF.
    • High‑Visibility Location at the Signalized Intersection of Chenal Pkwy and Wellington Hills Rd.
    • Excellent Proximity to Wellington Center, Anchored by Restoration Health, iCode, and other Retailers.
    • Strong Retail Co‑Tenancy Including Kroger, Costco, Marshalls, and Other National Retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4286005
    Latitude
    34.7552148

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    FAQs

    What type of property is this?
    Land - Prime Little Rock commercial land, ideal for development.
    Where is this land located?
    The property is located at Chenal Pkwy Little Rock, AR.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 1,500,000 Pad Site Available for Sale.; 5-Acre Parcel Available for $8.00/SF.; High-Visibility Location at the Signalized Intersection of Chenal Pkwy and Wellington Hills Rd.
    (501) 978-4971
    Request Owner's contact information
    Chenal Pkwy Little Rock, AR 72211
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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
    Chenal Pkwy Little Rock, AR 72211
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