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    OFF-MARKET
    Commercial real estate

    718 Magnolia St, North Little Rock, AR 72114

    0.41 ac lot
    Entity Owned 1-yr Hold
    Property ID
    US05-2330727
    Property summary
    AI-generated overview

    This exceptional 0.41-acre commercial and residential land parcel is situated in the vibrant Argenta Arts District of North Little Rock, Arkansas. Located at 718 N Magnolia St, zip code 72114, this property boasts a C-6 zoning designation, offering versatile development opportunities. Its prime location places it within walking distance of numerous amenities, including the Simmons Bank Arena, Dickey Stephens Park, Argenta Community Theater, Argenta Branch Library, and the Argenta Innovation Center. The Arkansas River Trail is also easily accessible. The property's proximity to Interstate 30 via Bishop Lindsey Drive ensures convenient access to major transportation routes. Surrounding the property are several residential developments currently underway, including two luxury homes completed in 2024, indicating a strong and growing neighborhood. The area is experiencing significant growth, with new developments such as a high-end hotel featuring condo, restaurant, and office space planned. This presents a unique investment opportunity in a thriving, walkable, eclectic neighborhood with a rich blend of restaurants, retail shops, art, theaters, and outdoor venues. The property's size and zoning make it suitable for a variety of commercial and residential projects, capitalizing on the area's increasing popularity and demand.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.41 ac (17,860 SF)
    UPID US05-2330727
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Mangolina Holding Ventures LLC · 1 yrs held
    Mangolina Holding Ventures LLC
    since 2024
    4 recorded transactions
    2024
    $350,000
    2021
    $200,000
    2020
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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