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    11 Kanis Rd Little Rock, AR 72211

    Sponsored
    For Sale
    $149,000

    21,780 SF lot, $149,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21,780 square foot commercial land parcel presents a unique investment opportunity in Little Rock, Arkansas. Located at 11,200 Kanis Road, this property boasts approximately 145 feet of frontage on Kanis Road, offering significant visibility and accessibility. The site currently includes a rent house, providing immediate potential rental income. Its strategic location places it in close proximity to established businesses, including Embassy Suites and Extended Stay Hotels, ensuring high traffic and visibility. The area's zoning is described as "in transition," suggesting potential for future development and increased property value. This presents a versatile opportunity for various commercial uses, including retail, office space, or even a hotel development, capitalizing on the area's growth and potential. The property is situated in Pulaski County, Arkansas, with a 72211 zip code. This half-acre lot offers significant potential for investors seeking a prime location with diverse development possibilities in a thriving area of Little Rock. The asking price is $149,000.

    Property Features for 11 Kanis Rd

    General Information

    Property type
    Land

    HighLights

    • 145‑foot frontage on Kanis Road, approximately half‑acre lot.
    • Existing rental house on‑site.
    • Excellent location near Embassy Suites and extended‑stay hotels.
    • Area undergoing zoning changes.
    • High potential for retail, office, or hotel development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3989589
    Latitude
    34.7439619

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    FAQs

    What type of property is this?
    Land - 21,780 SF lot, $149,000
    Where is this land located?
    The property is located at 11 Kanis Rd Little Rock, AR.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 145-foot frontage on Kanis Road, approximately half-acre lot.; Existing rental house on-site.; Excellent location near Embassy Suites and extended-stay hotels.
    Request Owner's contact information
    11 Kanis Rd Little Rock, AR 72211
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    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
    11 Kanis Rd Little Rock, AR 72211
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