Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rice St Little Rock, AR 72201
    Back to Search
    Property profile & analytics

    Rice St, Little Rock, AR 72201

    View on Map
    • Industrial land
    • 0.43 lot acres
    For Sale
    $30,000
    View Listing →
    Capitol Hill Land with View For Sale
    $30,000
    0.43 Acres

    Capitol Hill Land with View

    Rare commercial land opportunity in trendy Capitol Hill, Little Rock.

    Rice Street, Little Rock, AR 72201
    View Listing
    Property ID
    US05-0877667
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for Rice St

    Lot size
    0.43 lot acres
    Property type
    Industrial land
    APN
    34L-043-00-227-00
    APU
    34L0430022700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.2989
    Latitude
    34.7465
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $79
    $1,124
    $0.00
    $1,124
    -
    $5,620
    $0.00
    $5,620

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      Nn St

      INDUSTRIAL - VACANT LAND • 0.25 Acres
      Nn St, Little Rock, AR 72201
      View Details
    • Value Estimation by Request
      0.44 Acres

      1306 Nn St

      INDUSTRIAL - VACANT LAND • 0.44 Acres
      1306 Nn St, Little Rock, AR 72201-1126
      View Details
    • Value Estimation by Request
      9.60 Acres

      Frazier Pike

      INDUSTRIAL - VACANT LAND • 9.60 Acres
      Frazier Pike, Little Rock, AR 72201
      View Details
    • Value Estimation by Request
      4.45 Acres

      Frazier Pike

      INDUSTRIAL - VACANT LAND • 4.45 Acres
      Frazier Pike, Little Rock, AR 72201
      View Details
    • Value Estimation
      $805,000
      0.67 Acres

      1400 Nn St

      INDUSTRIAL - VACANT LAND • 6,250 SF
      1400 Nn St, Little Rock, AR 72201-1128
      View Details
    • Value Estimation
      $780,000
      2.04 Acres

      1000 La Harpe Blvd

      INDUSTRIAL - VACANT LAND • 48,072 SF
      1000 La Harpe Blvd, Little Rock, AR 72201-1213
      View Details

    Similar Nearby for Sale

    • $725,000
      13,965 SF

      Downtown Development Opportunity

      Warehouse and vacant land near Little Rock's Central Business District.
      106 S Cross St, Little Rock, AR 72201
      View Details
    • $139,000

      Downtown Little Rock Development Opportunity

      Prime location near business, entertainment districts, and key landmarks.
      W 2Nd St, Little Rock, AR 72201
      View Details
    • $420,000
      0.91 Acres

      Land Parcel in Little Rock

      Large land parcel in Little Rock's UU zoning district.
      E 2Nd St, Little Rock, AR 72201
      View Details
    • $2,500,000
      50,222 SF

      Prime Commercial Land Available

      Commercial land for sale near the Clinton Library.
      620 President Clinton Ave, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Commercial Land Near Downtown Amenities

      Commercial land for sale near high-traffic Little Rock amenities.
      Gaines St & Garland Ave, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Downtown Little Rock Build-to-Suit Land

      Downtown Little Rock land suitable for build-to-suit development.
      3Rd St, Little Rock, AR 72201
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Little Rock Vacant Lot

      Vacant lot available for build-to-suit in downtown Little Rock.
      3rd St & State St, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Commercial Land Near Downtown Amenities

      Commercial land for rent near high-traffic Little Rock landmarks.
      Gaines St & Garland Ave, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Main Street Retail Storefront Available

      Rare retail storefront for lease in downtown Little Rock.
      305 S Main St, Little Rock, AR 72201
      View Details
    • Contact for pricing
      11,206 SF

      Full Floor Office Space

      Office space for rent with on-site parking.
      1020 W 4Th St, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Downtown Little Rock Office Building

      Prominent office building in Little Rock's financial district.
      124 W Capitol Ave, Little Rock, AR 72201
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Rice St
    Little Rock, AR 72201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Rice St, Little Rock, AR, 72201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!