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    4 Chevaux Ct Little Rock, AR 72223

    Sponsored
    For Sale
    $240,000

    Pad-ready lot, 4,000 sq ft potential.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a pad-ready lot ideally suited for an executive office building. Located in Little Rock, Arkansas, at Lot 4, Chevaux Court, this 4,000 square foot lot is priced at $240,000, reflecting a price per square foot of $60. The property boasts a convenient location off Highway 10, near the Bank OZK headquarters and The Ranch, offering a quiet and professional setting. All utilities are conveniently located on-site, eliminating the need for extensive infrastructure development. The lot is zoned PCD, allowing for the construction of a building up to 4,000 square feet. A significant advantage is the absence of a required parking lot, simplifying the construction process and reducing overall development costs. This property is priced according to a recent appraisal, ensuring a fair and competitive market value. This is a turnkey opportunity for a developer or business seeking a prime location for a new executive office space in a desirable Little Rock area. The property's location and zoning make it an attractive investment with strong potential for future growth and return.

    Property Features for 4 Chevaux Ct

    General Information

    Property type
    Land
    Square Feet
    4,000 SF

    HighLights

    • Complete pad‑ready lot.
    • All utilities on‑site.
    • PCD zoning.
    • Allows for up to a 4,000 sq. ft. building.
    • Excellent quiet office setting off Hwy 10, near Bank OZK and The Ranch.
    • No required parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4658163
    Latitude
    34.8067603

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    FAQs

    What type of property is this?
    Land - Pad-ready lot, 4,000 sq ft potential.
    Where is this land located?
    The property is located at 4 Chevaux Ct Little Rock, AR.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Complete pad-ready lot.; All utilities on-site.; PCD zoning.
    Request Owner's contact information
    4 Chevaux Ct 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
    4 Chevaux Ct Little Rock, AR 72223
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