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    2306 Ar-161 North Little Rock, AR 72117

    Sponsored
    For Sale
    $300,000

    3.7 Acres, Hwy 161 Corner Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.7-acre commercial land parcel presents a remarkable investment opportunity in North Little Rock, Arkansas. Strategically located at the corner of Highway 161 and Bethany Road, this flat, undeveloped site boasts unparalleled accessibility. Its prime location offers easy access to Interstate 40, just 0.4 miles away, ensuring high visibility and convenient transportation for any commercial venture. The property is zoned C3, providing flexibility for a wide range of commercial uses. Two convenient ingress/egress points enhance functionality and accessibility. The asking price for this exceptional property is $300,000. This presents a unique chance to acquire a substantial piece of land in a rapidly growing area with excellent infrastructure and high traffic volume. The expansive lot size allows for significant development potential, making it ideal for businesses seeking a prominent location with ample space. Given its location, zoning, and accessibility, this property is poised for significant return on investment. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is located in Pulaski County, Arkansas, with the address listed as 2306 AR-161, North Little Rock, AR 72117.

    Property Features for 2306 Ar-161

    General Information

    Property type
    Land
    Lot Size
    161,172 SF

    HighLights

    • $300,000 asking price.
    • 3.7‑acre commercial land parcel.
    • C3 zoning.
    • Located at 2306 AR‑161, North Little Rock, AR 72117.
    • High visibility corner lot at Hwy 131 and Bethany Rd, with easy I‑40 access (0.4 miles).
    • Flat, undeveloped land with two points of ingress/egress.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.1978933
    Latitude
    34.7752088

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    FAQs

    What type of property is this?
    Land - 3.7 Acres, Hwy 161 Corner Lot
    Where is this land located?
    The property is located at 2306 Ar-161 North Little Rock, AR.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price.; 3.7-acre commercial land parcel.; C3 zoning.
    Request Owner's contact information
    2306 Ar-161 North Little Rock, AR 72117
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    North Little Rock, AR 72117
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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
    2306 Ar-161 North Little Rock, AR 72117
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