3 University Evergreen Little Rock, AR 72207
This exceptional 0.6-acre commercial lot, identified as Lot 3 University Evergreen, presents a prime investment opportunity in Little Rock, Arkansas. Located at the intersection of North University Avenue and Evergreen Avenue, this property boasts approximately 238 feet of frontage on North University Avenue, providing excellent visibility and accessibility. The O-2 zoning permits a variety of uses, making it ideal for retail, medical, or professional office development. Its strategic location offers close proximity to the vibrant Heights/Hillcrest district, CHI St. Vincent Hospital, and the UAMS campus, ensuring high traffic and a strong potential customer base. Adding to its appeal, the lot is situated next to Forest Heights STEM Academy, and benefits from an adjacent lot currently under development by Orion Federal Credit Union. A shared driveway/access will be completed as part of the Orion development, further enhancing convenience and accessibility. The asking price for this exceptional property is $350,000. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Little Rock. The property's location, zoning, and proximity to key amenities make it an attractive investment for discerning buyers seeking high-return potential. The 72207 zip code further underscores its desirability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.