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    2Nd St Little Rock, AR 72201

    Sponsored
    For Sale
    $139,000

    Prime 0.32-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.32-acre commercial land parcel is strategically located on West 2nd Street in Little Rock, Arkansas, within the 72201 zip code. Zoned UU, this property presents a unique opportunity for developers seeking a foothold in a rapidly evolving urban core. Its prime location offers unparalleled proximity to key areas, including the Arkansas State Capitol, the vibrant Financial Corridor, the bustling River Market District, and the dynamic Main Street Corridor. The site benefits from its position in a designated growth area, experiencing significant recent redevelopment activity in the immediate vicinity. This translates to a strong potential for future appreciation and a thriving environment for new construction. The property's size makes it suitable for a variety of commercial ventures, capitalizing on the high demand for space in this central location. This is a rare chance to acquire a piece of Little Rock's burgeoning downtown landscape, offering substantial returns for forward-thinking investors and developers. The property's address is W 2nd St, Little Rock, Pulaski County, AR. The asking price is $139,000.

    Property Features for 0 2Nd St

    General Information

    Property type
    Land
    Lot Size
    13,939 SF

    HighLights

    • 0.32‑acre commercial lot in Little Rock, AR (72201), located on W 2nd St, near the Arkansas State Capitol, Financial Corridor, River Market District, and Main Street Corridor.
    • Prime downtown development opportunity between 3rd and Markham Streets.
    • Located in a growth area with recent nearby redevelopment projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.28286979
    Latitude
    34.74881161

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    FAQs

    What type of property is this?
    Land - Prime 0.32-acre lot, ideal for development.
    Where is this land located?
    The property is located at 2Nd St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: 0.32-acre commercial lot in Little Rock, AR (72201), located on W 2nd St, near the Arkansas State Capitol, Financial Corridor, River Market District, and Main Street Corridor.; Prime downtown development opportunity between 3rd and Markham Streets.; Located in a growth area with recent nearby redevelopment projects.
    Request Owner's contact information
    2Nd 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
    2Nd St Little Rock, AR 72201
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