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    106 Cross St Little Rock, AR 72201

    Sponsored
    For Sale
    $725,000

    13,965 SF Warehouse, Vacant, $725K

    Property size:
    13,965 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,965-square-foot warehouse presents a compelling investment opportunity in Little Rock's vibrant downtown area. Located at 106 S. Cross St, this single-story, 1972-built Class C industrial property sits on a 1.11-acre lot and is currently vacant, offering immediate occupancy. The asking price is $725,000, translating to $51.92 per square foot. The property is zoned CZD Capitol Zoning District, providing flexibility for various uses. Its prime location offers significant advantages. Situated just blocks from Little Rock's Central Business District, it benefits from the recent redevelopment in the surrounding area and enjoys proximity to the Arkansas River Trail. Furthermore, its location within the Little Rock Arts District adds to its appeal and potential for future development. This warehouse and accompanying vacant land represent a unique chance to capitalize on the ongoing revitalization of this dynamic urban core. The property's size and location make it ideal for a variety of commercial uses, offering substantial potential for future growth and return on investment. Serious inquiries are encouraged.

    Property Features for 106 Cross St

    General Information

    Property type
    Distribution properties
    Square Feet
    13,965 SF
    Class
    C
    Lot Size
    48,352 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • Downtown Little Rock Development Site
    • Warehouse and vacant land available for redevelopment
    • Adjacent to recently redeveloped area
    • Short walk to Little Rock's Central Business District
    • Prime location on the Arkansas River Trail within the Little Rock Arts District
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.283468541532
    Latitude
    34.749857405697

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    FAQs

    What type of property is this?
    Distribution property - 13,965 SF Warehouse, Vacant, $725K
    Where is this distribution property located?
    The property is located at 106 Cross St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Downtown Little Rock Development Site; Warehouse and vacant land available for redevelopment; Adjacent to recently redeveloped area
    Request Owner's contact information
    106 Cross St Little Rock, AR 72201
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    Little Rock, AR 72201
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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
    106 Cross St Little Rock, AR 72201
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