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    27007 Kanis Rd Little Rock, AR 72223

    Sponsored
    For Sale
    $1,590,000

    1.71 Acres, C-1 Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.71-acre commercial land parcel, located at 27007 Kanis Rd in Little Rock, Arkansas, presents a unique investment opportunity. Zoned C-1, this flat, developable site is ideally situated within three miles of the exclusive Westcliffe Estates neighborhood in Pulaski County (zip code 72223). The property benefits from its strategic location within the rapidly expanding West Little Rock development area. All surrounding land has been acquired within the past year for future development projects, indicating significant growth potential. This presents a rare chance to capitalize on the burgeoning commercial sector in this prime location. The early stage of development in the surrounding area, coupled with the limited availability of comparable properties, offers considerable flexibility for various commercial uses. The asking price for this exceptional property is $1,590,000. Don't miss this chance to secure a foothold in one of Little Rock's most promising commercial zones.

    Property Features for 27007 Kanis Rd

    General Information

    Property type
    Land
    Lot Size
    74,488 SF

    HighLights

    • Prime West Little Rock location, benefiting from rapid development.
    • Adjacent to recently acquired land slated for future development.
    • Level, buildable lot.
    • C‑1 zoning designation.
    • Under three miles from Westcliffe Estates luxury community.
    • Early‑stage development area with high potential and limited competition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Kitchen & Bath Department Store Food Market Storage Facility Grocery Store Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.5570017
    Latitude
    34.777387

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    FAQs

    What type of property is this?
    Land - 1.71 Acres, C-1 Zoning, Development Ready
    Where is this land located?
    The property is located at 27007 Kanis Rd Little Rock, AR.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: Prime West Little Rock location, benefiting from rapid development.; Adjacent to recently acquired land slated for future development.; Level, buildable lot.
    (501) 554-4189
    Request Owner's contact information
    27007 Kanis Rd Little Rock, AR 72223
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    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
    27007 Kanis Rd Little Rock, AR 72223
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