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    Rummel Rd Little Rock, AR 72223

    Sponsored
    For Sale
    $3,410,400

    42 Acres, R-2 Zoning, $80k/Acre

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42.63-acre parcel of land presents a remarkable investment opportunity in Little Rock, Arkansas. Located on Rummel Road in Pulaski County, zip code 72223, this vacant acreage is zoned R-2, Single Family, offering significant development potential. The asking price for this expansive property is $3,410,400, translating to an attractive price per acre of $80,000. Given its size and zoning, this land is ideally suited for a variety of commercial ventures, subject to local planning and permitting regulations. The property's location in Little Rock provides easy access to major transportation routes and established infrastructure, enhancing its appeal to developers and investors. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development possibilities and any potential site-specific constraints. This is a rare opportunity to acquire a substantial land holding in a desirable location with significant upside potential. The coordinates for the property are latitude 34.8063853 and longitude -92.4446897. Serious inquiries are encouraged.

    Property Features for 0 Rummel Rd

    General Information

    Property type
    Land
    Lot Size
    1,856,963 SF

    HighLights

    • Vacant 42.63‑acre parcel
    • $80,000 per acre; $3,410,400 total price
    • R‑2 Single Family zoning
    • Located in Little Rock, AR (72223) on Rummel Road
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4446897
    Latitude
    34.8063853

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    FAQs

    What type of property is this?
    Land - 42 Acres, R-2 Zoning, $80k/Acre
    Where is this land located?
    The property is located at Rummel Rd Little Rock, AR.
    What is the asking price?
    The asking price for this property is $3,410,400.
    What are key features of this property?
    This property features: Vacant 42.63-acre parcel; $80,000 per acre; $3,410,400 total price; R-2 Single Family zoning
    (501) 664-7807
    Request Owner's contact information
    Rummel Rd Little Rock, AR 72223
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    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
    Rummel Rd Little Rock, AR 72223
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