Property profile

3rd St & State St Little Rock, AR 72201

OFF-MARKET
Land
4 SF
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Property summary

AI-generated overview

This exceptional 0.54-acre vacant lot presents a unique build-to-suit opportunity in the heart of Little Rock's vibrant downtown area. Situated at the corner of 3rd and State Streets, this commercially zoned land offers unparalleled visibility and accessibility. The property is located in Pulaski County, Arkansas, and boasts a convenient 72201 zip code. With its central location, this lot is ideal for a wide range of commercial developments, providing significant potential for investors and developers. The lot's size allows for substantial construction, catering to various project scales. This is a rare chance to acquire a prime piece of real estate in a thriving urban core. An adjacent building is also available for sale or lease, presenting a synergistic opportunity for expansion or complementary development. The property is classified as commercial land with single tenancy potential. While the total building square footage is currently listed as 4 square feet, this reflects the absence of existing structures, highlighting the blank canvas for new construction. This is a truly exceptional opportunity to establish a significant presence in Little Rock's dynamic downtown. Seize this chance to create a landmark development in a high-demand location.

Property profile

Verified
Property type Land
Total area 4 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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