Property profile

3rd St & State St Little Rock, AR 72201

OFF-MARKET
Land
0.54 ac lot
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Property summary

AI-generated overview

This exceptional 0.54-acre commercial land parcel presents a unique build-to-suit opportunity in the heart of downtown Little Rock, Arkansas. Situated at the highly visible corner of 3rd Street and State Street, this property boasts an unparalleled location within Pulaski County, zip code 72201. Its strategic placement offers immediate proximity to key landmarks and amenities, including the State Capitol, Little Rock City Hall, the financial district, the Arkansas River, the Market District, and the State House Convention Center. Furthermore, the area is rich with hotels, restaurants, and other supporting businesses, ensuring high visibility and accessibility for any future development. The lot's size provides ample space for a variety of commercial projects, making it ideal for developers seeking a prime location for a new build. An adjacent building is also available for sale or lease, presenting an additional opportunity for expansion or synergy. This property is perfectly positioned to capitalize on the vibrant growth and economic activity of downtown Little Rock. The coordinates are 34.747264 latitude and -92.279244 longitude. This is a rare chance to acquire a highly desirable commercial lot in a thriving urban environment.

Property profile

Verified
Property type Land
Lot 0.54 ac (23,522 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3rd St & State St Little Rock, AR 72201
Little Rock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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