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    403 Vine St North Little Rock, AR 72114

    For Sale
    Contact for pricing

    1.03-acre lot, prime industrial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.03-acre commercial land parcel presents a remarkable investment opportunity for developers and investors alike. Situated at 403 N Vine in North Little Rock, Arkansas (zip code 72114), this property boasts an advantageous location within a thriving industrial and commercial area. The site's strategic positioning offers high visibility and easy access to major transportation arteries, ensuring efficient logistics and distribution. Specifically, the property benefits from proximity to E Broadway St (20,000 AADT) and I-30 (127,000 AADT), providing significant traffic exposure. Ample parking is available, facilitating convenient loading and unloading operations. Adding to its appeal, this property also includes an additional 0.07-acre parcel of land, expanding the development potential. Further enhancing its investment prospects, this location is designated as an Opportunity Zone, potentially offering significant tax advantages for qualified investors. This prime land is ideal for the construction of an industrial building, capitalizing on the area's robust commercial activity and excellent infrastructure. The property's size and location make it a highly desirable asset for those seeking a strategic foothold in the North Little Rock market. Don't miss this chance to acquire a truly exceptional piece of commercial real estate.

    Property Features for 403 Vine St

    General Information

    Property type
    Land
    Lot Size
    3,049 SF

    HighLights

    • Opportunity Zone designation offers significant tax advantages.
    • High traffic counts: 20,000 AADT on E Broadway St and 127,000 AADT on I‑30.
    • Features ample parking and convenient loading docks.
    • Excellent access to major transportation arteries.
    • High‑visibility location within a robust commercial and industrial district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.2597715
    Latitude
    34.7572799

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    FAQs

    What type of property is this?
    Land - 1.03-acre lot, prime industrial location.
    Where is this land located?
    The property is located at 403 Vine St North Little Rock, AR.
    What are key features of this property?
    This property features: Opportunity Zone designation offers significant tax advantages.; High traffic counts: 20,000 AADT on E Broadway St and 127,000 AADT on I-30.; Features ample parking and convenient loading docks.
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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
    403 Vine St North Little Rock, AR 72114
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