1100 Hemlock StNorth Little Rock, AR 72114

Property Details for 1100 Hemlock St

Year built

1940

Lot size

3.21 AC

Property size (Sq ft)

15,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

33N-309-01-002-00

APU

33N3090100200

Description

This exceptional 2.7-acre property, located at 1100 Hemlock Street in North Little Rock, Arkansas, presents a prime industrial development opportunity. Situated in a prominent opportunity zone, this Class B property boasts a permitted industrial zoning designation, making it ideal for build-to-suit projects. The expansive lot size offers significant potential for various industrial uses. Built in 1940, the site benefits from its strategic location, providing easy access to major transportation arteries. High traffic counts on nearby I-30 (114,000 vehicles per day) and I-40 (132,000 vehicles per day) ensure excellent visibility and logistical advantages. The property's proximity to key businesses and infrastructure is a significant asset. Nearby establishments include Downtown Little Rock, Bill and Hillary Clinton National Airport, Amazon Warehouse, Lowe's, Caterpillar, Ryerson, Glazers, Welspun, and the Port of Little Rock, further enhancing its appeal for industrial development. This location offers unparalleled access to a robust industrial ecosystem and a thriving commercial environment. The property's zoning and location combine to create a compelling investment opportunity for developers seeking a strategic foothold in a rapidly growing market. The address is 1100 Hemlock St, North Little Rock, AR 72114, within Pulaski County.

• CAP approach

  CAP return

  Valuation

  6%

  $2,384,254

  6.5%

  $2,200,850

  7%

  $2,043,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,072,950

  Geo Method

  $1,072,950

• Alternative Use

  Use

  Valuation

  Residential

  $2,729,054

  Hospitality

  $2,499,799

  Educational

  $2,079,803

  Medical

  $2,151,331

  Retail

  $3,235,250

Location Insight

City

N Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7614

Longitude

-92.2468

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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