Property profile

206 Park St Little Rock, AR 72205

OFF-MARKET
Land
Property ID
US05-0068407
0.24 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a nearly quarter-acre lot in Little Rock's Historic District, boasting rear alley access. The property, located at 206 S Park St, Little Rock, AR 72205, is zoned for a duplex, offering significant potential for development or renovation. The current structure presents a chance to create a highly desirable multifamily property in a prime location. The 0.24-acre lot provides ample space for expansion or landscaping, enhancing the property's appeal and value. Situated in Pulaski County, this property benefits from its convenient location within the vibrant Historic District, offering easy access to local amenities, businesses, and cultural attractions. The asking price of $75,000 represents a compelling value for a property with this much potential in a sought-after area. The property's zoning allows for the construction of a duplex, doubling the potential rental income and maximizing the return on investment. This is a rare opportunity to acquire a well-situated property in a thriving Arkansas market, ideal for both seasoned investors and those looking to enter the real estate market. Don't miss this chance to own a piece of Little Rock's rich history and promising future.

Property profile

Verified
Property type Land
Lot 0.24 ac (10,454 SF)
UPID US05-0068407

Cap rate & NOI

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

Location

206 Park St Little Rock, AR 72205
Little Rock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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