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    Kanis Rd Little Rock, AR 72211

    For Sale
    $1,050,000

    Three-acre commercial lot, prime West Little Rock location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional three-acre commercial land parcel presents a unique investment opportunity in the thriving West Little Rock/Chenal Valley submarket. Located on Kanis Road, this property boasts high visibility with an impressive 18,000 vehicles passing daily. Its strategic location offers unparalleled access to a dense concentration of national retailers and significant consumer traffic. Within a three-mile radius lies The Promenade at Chenal, a premier open-air shopping center featuring high-end brands such as Apple, Urban Outfitters, Lululemon, and HomeGoods. The surrounding area is also home to numerous other major retailers including Lowe's, Sam's Club, Walmart, At Home, Target, Home Depot, and Chick-fil-A, ensuring consistent high traffic volume and strong consumer presence. The property is zoned for commercial use, providing flexibility for a wide range of development possibilities. This prime location in a rapidly growing area makes this a highly desirable investment with significant potential for future appreciation. The asking price is $1,050,000. The property is situated in Pulaski County, Arkansas, with a Little Rock address and zip code 72211. Nearby Chenal Parkway also experiences high traffic volume, with 41,000 vehicles per day.

    Property Features for 0 Kanis Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Excellent location, ~3 miles from The Promenade at Chenal (Apple, Urban Outfitters, etc.).
    • Proximity to major national retailers (Lowe's, Sam's Club, Walmart, etc.).
    • Desirable, high‑growth West Little Rock/Chenal Valley submarket.
    • High traffic counts: Kanis Rd (18,000 VPD), Chenal Pkwy (41,000 VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.415230963605
    Latitude
    34.743853250729

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    FAQs

    What type of property is this?
    Land - Three-acre commercial lot, prime West Little Rock location.
    Where is this land located?
    The property is located at Kanis Rd Little Rock, AR.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Excellent location, ~3 miles from The Promenade at Chenal (Apple, Urban Outfitters, etc.).; Proximity to major national retailers (Lowe's, Sam's Club, Walmart, etc.).; Desirable, high-growth West Little Rock/Chenal Valley submarket.
    (501) 376-6555
    Request Owner's contact information
    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
    Kanis Rd Little Rock, AR 72211
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