Property profile

809 E Washington Ave North Little Rock, AR 72114

FOR SALE
Warehouses
Property ID
US05-0444299
2,401 SF 0.24 ac lot Built 1949
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,401 square foot retail building, situated on a prominent 0.41-acre corner lot in North Little Rock, Arkansas (72114), presents a compelling redevelopment opportunity. The property, built in 1949, boasts a single-story structure with C-5 zoning, allowing for diverse uses including auto shop, convenience store, or grocery store. Currently vacant, this building offers a blank canvas for a variety of retail or office ventures. The high-visibility location at the intersection of E Washington Ave and Riverfront Drive benefits from significant daily traffic volume (4000 VPD on E Washington, 2400 VPD on Riverfront). Its convenient location near the Argenta Arts District, Verizon Arena, Dickey Stephens Park, and other Little Rock attractions adds to its appeal. The level lot presents further development potential, including the possibility of smaller multifamily construction. The asking price is $175,000 ($72.89/sq ft). The property is being sold as-is, where-is, with no warranty other than good marketable title. APN: 33N3080006900. This is an ideal owner-operator investment, perfect for a small neighborhood market, repair shop, or office space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1949
Total area 2,401 SF
Lot 0.24 ac (10,454 SF)
APN 33N-308-00-069-00
UPID US05-0444299

Cap rate & NOI

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

Location

809 E Washington Ave North Little Rock, AR 72114
North Little Rock metro Census 2600 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$170k

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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More about this property
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