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    Kanis Park Dr Little Rock, AR 72205

    Sponsored
    For Sale
    $3,000,000

    Prime Medical Corridor Land - $3M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.33-acre commercial land parcel presents a unique investment opportunity in Little Rock, Arkansas. Strategically located in the heart of the Baptist Health Medical Corridor, near CARTI, this property boasts unparalleled access to a thriving healthcare ecosystem. Within two miles, you'll find 37 medical clinics, creating a high-demand area for businesses supporting the medical community. The property is zoned C-3 & O-3, allowing for a wide range of commercial uses, and offers the potential for residential rezoning, subject to approval. Access is convenient via Kanis Park Drive and Kanis Commercial Drive. This significant landholding represents one of the largest remaining undeveloped parcels in this rapidly developing area, making it an ideal site for a substantial commercial development or a mixed-use project. The asking price is $3,000,000. The property's location within the medical corridor, combined with its size and zoning flexibility, presents a compelling investment opportunity with significant long-term potential. The Pulaski County location and 72205 zip code further enhance its desirability. This is a rare chance to acquire a substantial land parcel in a high-growth area with excellent access and visibility.

    Property Features for 0 Kanis Park Dr

    General Information

    Property type
    Land
    Lot Size
    406,415 SF

    HighLights

    • $3,000,000 asking price.
    • 9.33‑acre commercial land parcel.
    • C‑3 & O‑3 zoning.
    • Located in Little Rock, AR, in the Baptist Health Medical Corridor, near CARTI.
    • Excellent access via Kanis Park Dr and Kanis Commercial Dr.
    • Potential for residential rezoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.376057191195
    Latitude
    34.738638670671

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    FAQs

    What type of property is this?
    Land - Prime Medical Corridor Land - $3M
    Where is this land located?
    The property is located at Kanis Park Dr Little Rock, AR.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price.; 9.33-acre commercial land parcel.; C-3 & O-3 zoning.
    (501) 376-6555
    Request Owner's contact information
    Kanis Park Dr Little Rock, AR 72205
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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 Park Dr Little Rock, AR 72205
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