Property profile

8201 Frenchmans Ln Little Rock, AR 72209

OFF-MARKET
Specialty properties
8,000 SF 5 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional 8,000 square foot, single-story building situated on a five-acre lot in Little Rock, Arkansas, presents a unique investment opportunity. Built in 1950, the property boasts a versatile zoning designation (R-2 & R-4), making it suitable for a variety of uses, including religious, educational, or recreational purposes. The existing structure, a gymnasium, offers significant potential for redevelopment or repurposing. The property's strategic location less than 0.7 miles from I-30, a major thoroughfare with 101,000 vehicles daily, ensures high visibility and accessibility. The site is conveniently located near established businesses such as Sonic, Taco Bell, McDonald's, Kroger, and Starbucks, providing ample foot traffic and consumer access. The five-acre lot, comprised of two existing lots and an additional parcel, offers considerable expansion possibilities or the potential for subdivision. This property is an ideal choice for investors seeking a high-traffic location with significant development potential in a thriving area of Pulaski County, Arkansas, with a zip code of 72209. The asking price is $399,000.

Property profile

Verified
Property type Specialty properties
Year built 1950
Total area 8,000 SF
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Church

Location

8201 Frenchmans Ln Little Rock, AR 72209
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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