809 E Washington Ave, North Little Rock, AR 72114
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.