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    5th E St North Little Rock, AR 72114

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    For Sale
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    5.24 Acres, Flex Space Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.24-acre property in North Little Rock, Arkansas, presents a compelling investment opportunity. The site comprises five interconnected parcels, identified by APNs 33N3080010000, 33N3040002601, 33N3080010100, 33N3040001900, and 33N3080010700, and 33N3080010500, offering significant flexibility for development. Located on E 5th St New, in Pulaski County, zip code 72114 (latitude 34.7575768, longitude -92.254863), this land is zoned for industrial and flex uses, making it ideal for a variety of projects. The interconnected nature of the parcels allows for a cohesive and efficient development strategy, maximizing potential returns. This prime location offers easy access to key transportation routes and infrastructure, further enhancing its appeal. The property's designation within an opportunity zone adds another layer of investment attractiveness. This is a rare chance to acquire a substantial, strategically located land parcel with significant potential for industrial or flex space development in a thriving Arkansas market. The property's size and interconnected layout provide a unique opportunity for a large-scale development or the creation of multiple smaller units. Serious inquiries are encouraged.

    Property Features for 5th E St

    General Information

    Property type
    Flex space
    Lot Size
    228,254 SF

    HighLights

    • North Little Rock development opportunity.
    • Five contiguous parcels totaling 5.24 acres.
    • Excellent site for self‑storage or flex industrial use.
    • Opportunity Zone designation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.254863
    Latitude
    34.7575768

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    FAQs

    What type of property is this?
    Flex space - 5.24 Acres, Flex Space Potential
    Where is this flex space located?
    The property is located at 5th E St North Little Rock, AR.
    What are key features of this property?
    This property features: North Little Rock development opportunity.; Five contiguous parcels totaling 5.24 acres.; Excellent site for self-storage or flex industrial use.
    Request Owner's contact information
    5th E St North Little Rock, AR 72114
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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
    5th E St North Little Rock, AR 72114
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