0 State St, Little Rock, AR 72202
This exceptional 0.39-acre commercial land parcel presents a unique investment opportunity in the heart of Little Rock, Arkansas. Located on S. State Street, this property boasts high visibility and is zoned for Urban Use (UU), allowing for a multitude of commercial development possibilities. Currently operating as a leased parking lot, this site offers immediate income potential while providing a blank canvas for future projects. Its strategic location places it within easy reach of major thoroughfares, including I-630 and I-30, ensuring excellent accessibility. The property's proximity to downtown landmarks, just three blocks west of Broadway and six blocks east of the State Capitol Building, further enhances its desirability. The Pulaski County location, with APN 34L0201201200, offers a stable and growing market for commercial ventures. This is an exceptional chance to acquire a highly visible and versatile property in a thriving urban environment. The asking price is $250,000. The 72202 zip code ensures convenient access to amenities and a strong local economy. This is a rare opportunity to secure a piece of Little Rock's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.