2200 Roosevelt Rd Little Rock, AR 72206
- Office buildings
- 339,524 SF
- 26.87 lot acres
Current Use by Public Records
- Novus International / Animal Feed Store
- Team USA body Shop / Auto Repair Shop
- CSSI / Wholesale Grocer
Property Details for 2200 Roosevelt Rd
- Year built
- 1956
- Lot size
- 26.87 lot acres
- Property size
- 339,524 SF
- Property type
- Office buildings
- APN
- 34L-233-00-026-00
- APU
- 34L2330002600
Description
This exceptional industrial land parcel, located at 2200 E Roosevelt Rd in Little Rock, Arkansas (zip code 72206), presents a unique investment opportunity. The property is situated on the southwest corner of a larger, fully leased 352,599 square foot industrial site currently occupied by Novus International, Inc., a leading developer and manufacturer of health and nutrition solutions for various agricultural sectors. This specific parcel offers ample space for a small fleet parking area and presents the potential for new construction, with building sizes ranging from 2,000 to 5,000 square feet. Its strategic location offers excellent access to the Little Rock Airport and major interstate highway systems, providing convenient transportation links for businesses. The land is available for outright sale, or the owner is open to co-development opportunities. This presents a compelling chance to acquire a well-positioned industrial site in a thriving area of Pulaski County, Arkansas. The property's proximity to established businesses and its potential for development make it an attractive proposition for investors and developers alike. Detailed site plans and further information are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,980,000
- 6.5%
- $7,270,000
- 7%
- $8,450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,250,000
- Geo Method
- $6,965,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,880,000
- Retail
- $6,675,000
- Mixed-Use
- $8,765,000
- Hospitality
- $8,105,000
- Educational
- $6,760,000
- Residential Income
- $8,565,000
- Energy
- $7,215,000
- Income-Based Land
- $8,065,000
- Food Service
- $7,080,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2469
- Latitude
- 34.7234
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA