Prime Little Rock location, high traffic, multifamily zoning.
Description
Added:
Dec 11, 2024
Days on Market:
393
This exceptional 21-acre commercial land parcel presents a remarkable investment opportunity in Little Rock, Arkansas. Situated at the intersection of Shackleford Road and Aldersgate Road, this property boasts unparalleled visibility and accessibility. The site is zoned for multifamily (MF) development, offering significant potential for a variety of projects. Its strategic location directly across from Shackleford Crossings, a thriving open-air shopping center anchored by prominent retailers such as Main Event, JCPenney, Havertys, and JOANN, ensures high traffic volume and strong consumer presence. The area also benefits from proximity to numerous national retailers including Walmart, Topgolf, Cracker Barrel, Texas Roadhouse, BJ's Brewhouse, Longhorn Steakhouse, and Arby's. Further enhancing its appeal, the property is less than three miles from the recently opened Topgolf Little Rock. High traffic counts are guaranteed with Shackleford Road boasting 20,000 vehicles per day (VPD), I-430 at 89,000 VPD, W 36th St at 13,000 VPD, Bowman Road at 18,000 VPD, and Colonel Glenn Road at 18,000 VPD. An approved entrance from Shackleford Road (20,000 VPD) further amplifies the property's high visibility and accessibility. The property's APN is 44L-136.00-011.04. The asking price is $3,800,000.
Property Features for 0 Shackleford Rd & Aldersgate Rd
General Information
Property type
Land
Lot Size
914,760 SF
HighLights
High‑visibility location with approved access from Shackleford Road (20,000 vehicles per day).
Shackleford Rd & Aldersgate Rd Little Rock, AR 72205
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Shackleford Rd & Aldersgate Rd Little Rock, AR 72205
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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.
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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
Shackleford Rd & Aldersgate Rd Little Rock, AR 72205
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Shackleford Rd & Aldersgate Rd, Little Rock, AR
Greyson Skokos
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Shackleford Rd & Aldersgate Rd, Little Rock, AR
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Shackleford Rd & Aldersgate Rd, Little Rock, AR
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Shackleford Rd & Aldersgate Rd, Little Rock, AR
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Shackleford Rd & Aldersgate Rd, Little Rock, AR
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to Shackleford Rd & Aldersgate Rd Little Rock, AR 72205
Shackleford Rd & Aldersgate Rd, Little Rock, AR
Greyson Skokos
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