Property profile

0 Chenal Pkwy Little Rock, AR 72211

OFF-MARKET
Land
1.36 ac lot
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Property summary

AI-generated overview

This exceptional commercial land parcel, located in Little Rock, Arkansas, presents a unique investment opportunity. Situated on Chenal Parkway, at the signalized intersection with Wellington Hills Road, this property offers unparalleled visibility and accessibility. The lot size ranges from 1.36 to 5 acres, providing flexibility for various development projects. Priced at $1,500,000, or approximately $8.00 per square foot, this land boasts a highly desirable location. The property is adjacent to Wellington Center, a thriving commercial hub featuring established businesses such as Restoration Health, iCode, and Painted Tree Salad Works. Furthermore, it benefits from proximity to a wealth of national retailers, including Kroger Marketplace, Costco, Marshall's, Five Below, Kohl's, AMC Theater, HomeGoods, and Walgreens, ensuring high traffic and consumer visibility. This prime location in Pulaski County, zip code 72211, offers significant potential for substantial return on investment. The property's strategic positioning and surrounding amenities make it an exceptional opportunity for developers seeking a high-impact commercial development site in a rapidly growing area of Little Rock. The address is Chenal Pkwy, Little Rock, AR 72211.

Property profile

Verified
Property type Land
Lot 1.36 ac (59,242 SF)

Cap rate & NOI

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

Location

Chenal Pkwy Little Rock, AR 72211
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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