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    8201 Frenchmans Ln Little Rock, AR 72209

    For Sale
    $399,000

    8,000 SF building on 5 acres

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8,000 square foot, single-story building situated on a five-acre lot in Little Rock, Arkansas, presents a unique investment opportunity. Built in 1950, the property boasts a versatile zoning designation (R-2 & R-4), making it suitable for a variety of uses, including religious, educational, or recreational purposes. The existing structure, a gymnasium, offers significant potential for redevelopment or repurposing. The property's strategic location less than 0.7 miles from I-30, a major thoroughfare with 101,000 vehicles daily, ensures high visibility and accessibility. The site is conveniently located near established businesses such as Sonic, Taco Bell, McDonald's, Kroger, and Starbucks, providing ample foot traffic and consumer access. The five-acre lot, comprised of two existing lots and an additional parcel, offers considerable expansion possibilities or the potential for subdivision. This property is an ideal choice for investors seeking a high-traffic location with significant development potential in a thriving area of Pulaski County, Arkansas, with a zip code of 72209. The asking price is $399,000.

    Property Features for 8201 Frenchmans Ln

    General Information

    Property type
    Schools
    Square Feet
    8,000 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    HighLights

    • 8,000 SF single‑story building on a 5‑acre lot in Little Rock, AR.
    • Versatile R‑2 & R‑4 zoning allows for religious, educational, or recreational uses.
    • Existing gymnasium offers redevelopment potential.
    • High visibility location less than 0.7 miles from I‑30 (101,000 VPD).
    • Near major retailers (Sonic, Taco Bell, McDonald's, Kroger, Starbucks).
    • 5‑acre lot (three parcels) allows for expansion or subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arkansas Korean Loving ... Presbyterian Church

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -92.346266549354
    Latitude
    34.676177677428

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    FAQs

    What type of property is this?
    School - 8,000 SF building on 5 acres
    Where is this school located?
    The property is located at 8201 Frenchmans Ln Little Rock, AR.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 8,000 SF single-story building on a 5-acre lot in Little Rock, AR.; Versatile R-2 & R-4 zoning allows for religious, educational, or recreational uses.; Existing gymnasium offers redevelopment potential.
    Request Owner's contact information
    8201 Frenchmans Ln Little Rock, AR 72209
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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
    8201 Frenchmans Ln Little Rock, AR 72209
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