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    5 Otter Crk Cir Little Rock, AR 72103

    For Sale
    $309,000

    1.75 Acres, I-2 Zoning, $309,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.75-acre commercial lot presents a unique investment opportunity in the thriving Shannon Hills area of Little Rock, Arkansas. Located at 5 Otter Creek Circle, this property boasts convenient access to I-30, placing businesses within easy reach of major transportation routes. The I-2 zoning allows for a wide range of industrial uses, making it ideal for various commercial ventures. The land's strategic location offers proximity to significant retail destinations such as Bass Pro Shop and the Outlets of Little Rock, ensuring high visibility and potential for increased customer traffic. Priced at $309,000, this represents a compelling value at $176,571 per acre. The property's size and zoning make it suitable for a variety of development projects, offering significant potential for future growth and return on investment. Its address is 5 Otter Creek Circle, Shannon Hills, AR 72103, within Saline County. The property is conveniently situated just off Mabelvale West, providing easy access to the interstate and surrounding amenities. This is a rare opportunity to acquire a well-located, sizable industrial lot in a rapidly developing area. Serious inquiries are encouraged.

    Property Features for 5 Otter Crk Cir

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • $309,000 asking price for 1.75 acres of commercial land.
    • Located in Shannon Hills, AR, 72103, at 5 Otter Creek Circle.
    • I‑2 zoning.
    • $176,571 per acre land value.
    • Convenient access to I‑30, near Bass Pro Shop and Outlets of Little Rock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Saline county
    State
    Arkansas
    Longitude
    -92.4051526
    Latitude
    34.6536899

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    FAQs

    What type of property is this?
    Land - 1.75 Acres, I-2 Zoning, $309,000
    Where is this land located?
    The property is located at 5 Otter Crk Cir Little Rock, AR.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: $309,000 asking price for 1.75 acres of commercial land.; Located in Shannon Hills, AR, 72103, at 5 Otter Creek Circle.; I-2 zoning.
    (501) 664-7807
    Request Owner's contact information
    5 Otter Crk Cir Little Rock, AR 72103
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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
    5 Otter Crk Cir Little Rock, AR 72103
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