200 6Th St North Little Rock, AR 72114
This exceptional property presents a unique redevelopment opportunity in North Little Rock's vibrant Argenta submarket. The offering encompasses a 0.78-acre site featuring a vacant, two-story, 11,870-square-foot former church building constructed in 1973. Located at 200 W 6th St, in Pulaski County, Arkansas (zip code 72114), this property is ideally situated within an Arkansas Opportunity Zone, offering significant tax advantages. The asking price is $650,000, translating to $54.76 per square foot. The existing structure provides a substantial foundation for adaptive reuse, while adjacent lots offer ample space for parking expansion or additional development. Argenta's ongoing revitalization has attracted significant residential and commercial investment, creating a dynamic and amenity-rich environment. This property's flexible configuration and prime location make it an attractive investment for developers, owner-users, and investors seeking to capitalize on Argenta's continued growth. The property is currently vacant and available for occupancy on May 1, 2024. The property's APN is 33N-274.00-051.00. This is a single-building property with ample potential.
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
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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.