Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    403 Vine St North Little Rock, AR 72114

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.03-acre lot, prime industrial location.

    Property Features for 403 Vine St

    General Information

    Property type
    Land
    Lot Size
    3,049 SF

    We can help!

    Listing Contact
    Kevin Mccollum
    Kevin Mccollum

    Listing Agency: Jones Aur Commercial Real Estate - Arkansas Listing Agent: Kevin Mccollum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Law Firm Hair Salon Auto Repair Shop Nail Salon

    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

    Nearby Similar for Sale

    • $795,000
      9,000 SF

      Sherwood Commercial Building with Land

      9,000 SF commercial building in Sherwood Commercial Park.
      1041 Lantrip Rd, Sherwood, AR 72120
      View Details
    • $570,000
      5,200 SF

      Park Hill Retail/Office Building

      Iconic building in Park Hill, suitable for retail or office.
      3422 John F Kennedy Blvd, North Little Rock, AR 72116
      View Details
    • $530,000
      1,715 SF

      Renovated Commercial Building with Parking

      Renovated commercial building with parking lot near Indian Hills.
      7610 North Hills Blvd, North Little Rock, AR 72116
      View Details
    • $600,000
      24,807 SF

      North Little Rock Hotel Opportunity

      52-unit hotel in North Little Rock, ideal for renovation.
      5711 Pritchard Dr, North Little Rock, AR 72117
      View Details
    • $149,900
      992 SF

      Mixed-Use Property on Large Lot

      Versatile mixed-use property on a spacious lot with mature trees.
      4001 Highway 161, North Little Rock, AR 72117
      View Details
    • $279,000
      2,932 SF

      North Little Rock Office Building

      Office building with two units, suitable for medical or office use.
      406 W 26Th St, North Little Rock, AR 72114
      View Details
    • $320,000
      2,576 SF

      New Duplex in North Little Rock

      Modern duplex with leases in place, ready for immediate income.
      1724 Parker St, North Little Rock, AR 72114
      View Details
    • $2,900,000
      15,489 SF

      Sherwood Mixed-Use Building and Land

      Mixed-use building with high visibility in Sherwood, Arkansas.
      208 E Kiehl Ave, Sherwood, AR 72120
      View Details
    • $530,000
      12,200 SF

      North Little Rock Corner Lot

      High-visibility corner lot with strong income potential.
      3621 Camp Robinson Rd, North Little Rock, AR 72118
      View Details
    • $187,000
      1,351 SF

      Equipped Salon in North Little

      Ready-to-operate salon near Argenta Arts District, North Little Rock.
      1710 Main Street Brg, North Little Rock, AR 72114
      View Details
    • $250,000
      2,154 SF

      Restaurant Building and Land For Sale

      Fully built-out restaurant on high-visibility commercial land with ample parking.
      4707 E Broadway St, North Little Rock, AR 72117
      View Details
    • New
      $530,000
      4,376 SF

      Maumelle Townhomes For Sale

      Maumelle townhomes with private patios and balconies, tenant occupied.
      9-12 Edgehill Cv, Maumelle, AR 72113
      View Details

    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.
    (501) 301-0162 Call to check price and availability
    Request Owner's contact information
    403 Vine St North Little Rock, AR 72114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    403 Vine St
    North Little Rock, AR 72114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Mccollum
    Kevin Mccollum
    Real Estate License ID: EB00082789
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!