3000 Washington Ave North Little Rock, AR 72114
- Warehouses
- 2,000 SF
- 3.47 lot acres
Current Use by Public Records
- L&R Mobile Truck & Trailer Repair / Truck Repair Shop / Mechanic
Property Details for 3000 Washington Ave
- Year built
- 2011
- Lot size
- 3.47 lot acres
- Property size
- 2,000 SF
- Property type
- Warehouses
- APN
- 24N-009-00-044-00
- APU
- 24N0090004400
Description
This exceptional industrial property, located at 3000 E Washington Ave in North Little Rock, Arkansas (zip code 72114), presents a compelling investment opportunity. The 2,000 square foot metal building, constructed in 2011, boasts dimensions of 40 feet by 50 feet and sits on a generous 3.96-acre lot. The asking price is $431,250, translating to a price per square foot of $215.62 and a price per acre of $108,902. This translates to a significant land value component. The property is zoned I1, offering flexibility for various industrial uses. Its strategic location provides easy access to Highway 165 and the crucial I-30/430 interchange, ensuring excellent connectivity and logistical advantages for businesses requiring efficient transportation links. This property is ideal for a variety of industrial uses, benefiting from its size, location, and zoning. The building's relatively recent construction ensures minimal maintenance needs and modern functionality. The ample land provides significant expansion potential or the possibility of additional development. Serious inquiries are encouraged to explore this exceptional opportunity further.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $190,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $230,000
- Mixed-Use
- $180,000
- Hospitality
- $220,000
- Educational
- $225,000
- Residential Income
- $225,000
- Energy
- $225,000
- Income-Based Land
- $220,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- N Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2325
- Latitude
- 34.7529
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA