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    3rd St & State St Little Rock, AR 72201

    Sponsored
    For Sale
    Contact for pricing

    Prime 0.54-acre lot, build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 0.54-acre commercial land parcel presents a unique build-to-suit opportunity in the heart of downtown Little Rock, Arkansas. Situated at the highly visible corner of 3rd Street and State Street, this property boasts an unparalleled location within Pulaski County, zip code 72201. Its strategic placement offers immediate proximity to key landmarks and amenities, including the State Capitol, Little Rock City Hall, the financial district, the Arkansas River, the Market District, and the State House Convention Center. Furthermore, the area is rich with hotels, restaurants, and other supporting businesses, ensuring high visibility and accessibility for any future development. The lot's size provides ample space for a variety of commercial projects, making it ideal for developers seeking a prime location for a new build. An adjacent building is also available for sale or lease, presenting an additional opportunity for expansion or synergy. This property is perfectly positioned to capitalize on the vibrant growth and economic activity of downtown Little Rock. The coordinates are 34.747264 latitude and -92.279244 longitude. This is a rare chance to acquire a highly desirable commercial lot in a thriving urban environment.

    Property Features for 3rd St & State St

    General Information

    Property type
    Land
    Lot Size
    23,522 SF

    HighLights

    • 0.54‑acre build‑to‑suit opportunity in downtown Little Rock, AR.
    • Prime location at 3rd & State Streets, near the State Capitol, City Hall, financial district, Arkansas River, Market District, and State House Convention Center.
    • High visibility and accessibility; surrounded by hotels, restaurants, and other businesses.
    • Adjacent building also available for sale or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.279244
    Latitude
    34.747264

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    FAQs

    What type of property is this?
    Land - Prime 0.54-acre lot, build-to-suit.
    Where is this land located?
    The property is located at 3rd St & State St Little Rock, AR.
    What are key features of this property?
    This property features: 0.54-acre build-to-suit opportunity in downtown Little Rock, AR.; Prime location at 3rd & State Streets, near the State Capitol, City Hall, financial district, Arkansas River, Market District, and State House Convention Center.; High visibility and accessibility; surrounded by hotels, restaurants, and other businesses.
    Request Owner's contact information
    3rd St & State St Little Rock, AR 72201
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    Little Rock, AR 72201
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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
    3rd St & State St Little Rock, AR 72201
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