Property profile

106 S Cross St Little Rock, AR 72201

FOR SALE
Warehouses
Property ID
US05-0407225
13,965 SF 0.52 ac lot Built 1972
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 13,965-square-foot warehouse presents a compelling investment opportunity in Little Rock's vibrant downtown area. Located at 106 S. Cross St, this single-story, 1972-built Class C industrial property sits on a 1.11-acre lot and is currently vacant, offering immediate occupancy. The asking price is $725,000, translating to $51.92 per square foot. The property is zoned CZD Capitol Zoning District, providing flexibility for various uses. Its prime location offers significant advantages. Situated just blocks from Little Rock's Central Business District, it benefits from the recent redevelopment in the surrounding area and enjoys proximity to the Arkansas River Trail. Furthermore, its location within the Little Rock Arts District adds to its appeal and potential for future development. This warehouse and accompanying vacant land represent a unique chance to capitalize on the ongoing revitalization of this dynamic urban core. The property's size and location make it ideal for a variety of commercial uses, offering substantial potential for future growth and return on investment. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 13,965 SF
Lot 0.52 ac (22,651 SF)
APN 34L-020-15-163-00
UPID US05-0407225

Cap rate & NOI

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

Location

106 S Cross St Little Rock, AR 72201
Little Rock metro Census 4400 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message