3rd St & State St, Little Rock, AR 72201
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.
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.