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    Garrison Rd Little Rock, AR 72223

    For Sale
    $172,800

    11.5 Acres, Little Rock, AR - $172,800

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.5-acre commercial land parcel presents a rare development opportunity in Pulaski County, Arkansas. Located just west of Little Rock, this property offers significant potential for various commercial ventures or even a private estate. Priced at $172,800, the land boasts a value of $15,026 per acre. The site is characterized by a natural, wooded landscape featuring pine and hardwood trees, providing a secluded setting while remaining conveniently close to Little Rock's amenities. The property's address is Garrison Road West, Little Rock, AR 72223, with GPS coordinates of 34.7966819 latitude and -92.5648084 longitude. This location offers a unique blend of tranquility and accessibility. The property's size and location make it ideal for a variety of uses, from commercial development to a private retreat. Serious inquiries are encouraged to explore the possibilities this prime Arkansas land offers. The combination of this property with a neighboring parcel provides over a quarter-mile of paved road frontage, further enhancing its development potential and accessibility.

    Property Features for 0 Garrison Rd

    General Information

    Property type
    Land
    Lot Size
    500,940 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.5648084
    Latitude
    34.7966819

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    FAQs

    What type of property is this?
    Land - 11.5 Acres, Little Rock, AR - $172,800
    Where is this land located?
    The property is located at Garrison Rd Little Rock, AR.
    What is the asking price?
    The asking price for this property is $172,800.
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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
    Garrison Rd Little Rock, AR 72223
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