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    Garrison Rd Little Rock, AR 72223

    For Sale
    $172,800

    11.5 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11.5-acre commercial homesite, located on Garrison Rd in Pulaski County, Arkansas, presents a unique investment opportunity. Situated just west of Little Rock, with a zip code of 72223, this property offers a blend of accessibility and seclusion. Priced at $172,800, or $15,026 per acre, this land boasts a desirable location, providing convenient access to the amenities of Little Rock while maintaining a peaceful, wooded setting. The property is naturally landscaped with mature pines and hardwoods, ensuring privacy for future development. This land is ideal for a variety of commercial ventures or as a site for a custom home, offering the best of both worlds. The property's location provides significant potential for development, given its proximity to Little Rock. Detailed site surveys and environmental assessments are recommended for potential buyers to fully understand the development possibilities. The land's size and location make it an attractive option for investors seeking a strategic investment in a growing area. Further investigation into zoning regulations and permitted uses is advised before any development plans are finalized. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, offering significant potential for future growth and return on investment.

    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, Prime Development Opportunity
    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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    Garrison Rd 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
    Garrison Rd Little Rock, AR 72223
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