Prime Value-Add Developer Opportunity: 4.7 Acres at 2001 Simpson Street, Little Rock



Prime Value-Add Developer Opportunity: 4.7 Acres at 2001 Simpson Street, Little Rock

Investors and developers looking for strategic, value-add land in the Little Rock market, take note. A highly versatile, 4.7-acre development site located at 2001 Simpson Street, Little Rock, AR 72206 is now available for acquisition. Listed through Crexi, this offering presents an outstanding foundation for multifamily, senior living, or a single-family residential subdivision.

Development-Ready Specifications

Situated entirely inside the Little Rock city limits within the Granite Mountain area, this paved street corner lot offers significant scale and flexibility:

  • Entitlements: Preliminary plat was approved for a 14-lot subdivision in June 2018 (Zoned R-2).

  • Rezoning Potential: City Planning has confirmed that an R-4 multifamily rezoning is straightforward and achievable via a Conditional Use Permit (CUP).

  • Infrastructure: All utilities are available on-site, including water, sewer, electric, and gas.

  • Topography & Location: The site features level, partially wooded terrain and is safely situated outside the floodplain (FEMA Zone X).

  • Accessibility: Excellent logistics positioning near Interstate 30, Adams Airport, and the local river port.

  • Expansion Opportunity: Two adjacent landlocked parcels are available for assemblage, creating the potential to expand the footprint to a full 10-acre site.

Favorable Investment Terms

To facilitate immediate action, the seller is offering highly competitive Owner Financing:

  • Down Payment: 30% ($35,970)

  • Term: Up to 10 years (interest-only options available; all terms highly negotiable).

Whether you are looking to construct a much-needed single-family rental portfolio or execute a multi-unit residential complex, 2001 Simpson Street provides the canvas, location, and financial backing to secure a strong return on investment.

Are you looking to expand your residential or multifamily portfolio in Central Arkansas? Let’s discuss the growth metrics and development potential of the 72206 corridor in the comments below.

Location: Little Rock, AR, USA

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