Property summary
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
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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