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    Ln & Nova Ln Little Rock, AR 72209

    For Sale
    $119,999

    Prime C-3 zoned land, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.05-acre development site is located in Little Rock, Arkansas, at the intersection of Frenchman's Lane and Nova Lane, zip code 72209. The property is zoned C-3, offering a wide range of potential commercial uses. Priced at $119,999, this represents a land value of $60,000 per acre. Its strategic location presents significant opportunities for investors and developers. The area is experiencing growth, with two new hotels recently constructed nearby, indicating a strong and expanding market. The C-3 zoning allows for diverse development options, including but not limited to, mini-storage facilities, retail spaces, or other commercial ventures. This property's size and zoning make it an attractive investment for those seeking a prime location in a thriving area of Little Rock. The coordinates are 34.6755233 latitude and -92.3462485 longitude. This is a rare opportunity to acquire a sizable parcel of land in a desirable location with significant development potential. Serious inquiries are encouraged.

    Property Features for 0 Ln & Nova Ln

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • $119,999 asking price for this development site.
    • 2.05‑acre lot in Little Rock, AR.
    • C‑3 zoning permits a variety of commercial uses.
    • $60,000 per acre land value.
    • Located at Frenchman's Lane & Nova Lane, Little Rock, AR 72209.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3462485
    Latitude
    34.6755233

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    FAQs

    What type of property is this?
    Land - Prime C-3 zoned land, ideal for various uses.
    Where is this land located?
    The property is located at Ln & Nova Ln Little Rock, AR.
    What is the asking price?
    The asking price for this property is $119,999.
    What are key features of this property?
    This property features: $119,999 asking price for this development site.; 2.05-acre lot in Little Rock, AR.; C-3 zoning permits a variety of commercial uses.
    (501) 916-8253
    Request Owner's contact information
    Ln & Nova Ln Little Rock, AR 72209
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    Little Rock, AR 72209
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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
    Ln & Nova Ln Little Rock, AR 72209
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