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    1600 Centerview Dr Little Rock, AR 72211

    For Sale
    $3,539,402

    8.55 Acres, O-3 Zoning, Build-to-Suit Option

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8.55-acre commercial development site, located at 1600 Centerview Drive in Little Rock, Arkansas (zip code 72211), presents a unique investment opportunity. The property, identified by APN numbers 44L0781700100 and 44L0780000419, is zoned O-3 and boasts a flat topography, ideal for immediate development. Its strategic location within Pulaski County places it amidst high-quality office and retail developments, ensuring strong potential for future growth and high returns. The asking price is $3,539,402, translating to approximately $413,820 per acre. This represents a compelling value proposition, especially considering the superior topography compared to other available sites in the area. The seller is open to exploring build-to-suit options for a large tenant, offering significant flexibility for potential buyers or developers. This prime location and the potential for customized development make this property an exceptional investment opportunity in a thriving market. The property's flat and ready-to-develop nature eliminates costly site preparation, saving time and resources. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Little Rock location.

    Property Features for 1600 Centerview Dr

    General Information

    Property type
    Land
    Lot Size
    372,438 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -92.4012487
    Latitude
    34.7393707

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    FAQs

    What type of property is this?
    Land - 8.55 Acres, O-3 Zoning, Build-to-Suit Option
    Where is this land located?
    The property is located at 1600 Centerview Dr Little Rock, AR.
    What is the asking price?
    The asking price for this property is $3,539,402.
    (501) 978-4971
    Request Owner's contact information
    1600 Centerview Dr Little Rock, AR 72211
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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
    1600 Centerview Dr Little Rock, AR 72211
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