Ozarks Realty Company

Presents..........

A redevelopment opportunity in the Capital Hill area of Little Rock, Arkansas

We were recently engaged to be the exclusive broker for a developer who has been assembling land in the Capital Hill area of Little Rock. This area is bordered by the Interstate hwy 630 on the north, the railroad tracks on the west, Central High School on the south (a national park) and Childrens Hospital to the east. The portfolio consists of approximately 25 buildable lots (mostly one family lots, with a few duplex zoned ones, one commercially zoned & one industrially zoned). In addition, a commercially zoned Arts & Craft bungalow is included, where one could possibly run the construction operation out of. The asking price of the entire list is $375,000.00. Or $285,000 without lot # 16 & the house. The following is the list of properties included:

A. 918 Schiller Street (Gray House, across from Children’s Hospital) - $6,000.00. This is a small 2 bedroom, LR, Kit., DR & Bath home, that needs a new roof, complete Kit., & bath. It has a hole in the roof over the rear bedroom & a large hole in the floor also in the rear bedroom. Will also need some windows, doors, electrical service & heat. Lot aprox. 50' x 120'.

1. The rear of 1116 Schiller Street (This is a landlocked parcel). Block - 1, Lot - 8 of the Capitol Hill Ext. ASN: 34L-043.00-009.00. Apx 50 x 30.5. The zoning appears to be R-3. $2,500.00

2. 1118 Park Street. Block - 2, Lot - 8 of the Capitol Hill Ext. ASN: 34L-043.00-021.00. Apx 50 x 150, with an alley. The zoning appears to be R-3.$13,900.00

3. 1015 Thayer Street. Block - 5, Lot - 4 of the Capitol Hill Ext. ASN: 34L-043.00-055.00. Apx 50 x 150, with no alley. The zoning appears to be R-3.$12,900.00

4. 1023 Thayer Street. Block - 5, Lot - 6 of the Capitol Hill Ext. ASN: 34L-043.00-058.00. Apx 50 x 150, with no alley. The zoning appears to be R-3.$12,900.00

5. 2311 W 10th Street. Block - 6, West 50' of Lots 10, 11 &12 of the Capitol Hill Ext. ASN: 34L-043.00-076.00. Apx 50 x 150. The zoning appears to be R-3.$12,900.00

6. 1001 Dennison Street. Block - 7, Lot - 1 of the Capitol Hill Ext. ASN: 34L-043.00-078.00. Apx 50 x 150, with an alley. The zoning appears to be R-3.$13,500.00

7. 1023 Dennison Street. Block - 7, Lot - 6 of the Capitol Hill Ext. ASN: 34L-043.00-083.00. Apx 50 x 150, with an alley. The zoning appears to be R-3.$13,500.00

8. PENDING! 1008 Park Street. Block - 7, Lot - 10 of the Capitol Hill Ext. ASPN: 34L-043.00-087.00. Apx 50 x 150, with an alley. The zoning appears to be R-3.$14,100.00

9. PENDING! 2118 West 11th Street. Block - 8, East 75' of lots 4,5 & 6 of the Capitol Hill Ext. ASPN: 34L-043.00-094.00. Apx 75 x 150, with no alley. The zoning appears to be R-3.$16,000.00

10. 2114 West 10th Street. Block - 9, Lot - 1 of the Capitol Hill Ext. ASPN: 34L-043.00-099.00. Apx 50 x 150, with no alley. The zoning appears to be R-3.$12,900.00

11. PENDING! 903 Park Street. Block - 9, South 25' of the North 50' of Lot 5 & South 25' of the North 50' of the West 29' of Lot 6 of the Capitol Hill Ext. ASPN: 34L-043.00-104.00. Apx 25 x 79, with no alley. The zoning appears to be R-3.$6,800.00

12. SOLD! 2113 Maryland Ave. Block - 9, East 23' of the North 50' of Lot 7 of the Capitol Hill Ext. ASPN: 34L-043.00-107.00. Apx 23 x 50, with no alley. The zoning appears to be R-3. $4,700.00

13. 2111 Maryland Ave. Block - 9, Lot - 8 of the Capitol Hill Ext. ASPN: 34L-043.00-10900. Apx. 50 x 151, with no alley. The zoning appears to be R-3. $12,900.00

14. PENDING! 910 Park Street. Block - 10, East 100' of Lot 10 of the Capitol Hill Ext. ASPN: 34L-043.00-118.00. Apx 50 x 100, with no alley. The zoning appears to be R-3. $13,300.00

15. 912 Rice Street. Block - 12, North 5' of Lot 10 & all of Lot 11 of the Capitol Hill Ext. ASPN: 34L-043.00-148.00. Apx 55 x 150, with no alley. The zoning appears to be R-4 (duplex). $13,900.00

16. 702 & 704 Park Street, these are 2 separate lots being sold together. Block - 18, North ½ of Lot 11 and the South 12½’ of Lot 12 being one lot. The other lot is Block - 18, North 37½’ of Lot 12 of the Capitol Hill Ext. ASPN’s: 34L-043.00-175.00 & 34L-043.00-177.00. Apx 75 x 150, with what appears to be an alley. The zoning is in the Capitol Zoning “D” District, which allows single & two family residences, industrial, professional and general offices, quiet business. There are other uses that would be a “Conditional Use” also allowed. Call Capitol Zoning District Commission for more details (501 324-9638). $34,900.00

17. 2504 West 11th Street. Block - 9, Lot - 8 of the Roots & Coy Add. ASPN: 34L-045.00-041.00. Apx. 50 x 141, (shows 20' alley on old plat maps, unconfirmed). The zoning appears to be I - 2 . (A Light Industrial zone). $14,900.00

18. 1107 Jones Street, Block - 15, Lot - 1 of the Roots & Coy Add. ASPN: 34L-045.00-109.00. Apx. 50 x 140, with an alley. The zoning appears to be R-4 (duplex). $13,900.00

19. SOLD! 1111 Jones Street, Block - 15, Lot - 3 of the Roots & Coy Add. ASPN: 34L-045.00-111.00. Apx. 50 x 140, with an alley. The zoning appears to be R-4 (duplex). $15,400.00

20. SOLD! 1113 Jones Street, Block - 15, Lot - 4 of the Roots & Coy Add. ASPN: 34L-045.00-112.00. Apx. 50 x 140, with an alley. The zoning appears to be C-3 (Commercial). $17,600.00

21. 2421 West 12th Street. Block - 1, Lot - 5 of the Park Add. ASPN: 34L-187.00-007.00. Apx 50 x 142, (shows 16' alley on old plat maps, unconfirmed). The zoning appears to be R-3. $12,900.00

22. 2410 West 13th Street. Block - 1, Lot - 12 of the Park Add. ASPN: 34L-187.00-014.00. Apx 50 x 134, (shows 16' alley on old plat maps, unconfirmed). The zoning appears to be R-3. $12,900.00

23. 2306 West 13th Street. Block - 2, Lot - 11 of the Park Add. ASPN: 34L-187.00-028.00. Apx 50 x 150, with no alley. The zoning appears to be R-3. $12,900.00

24. PENDING! 1212 Park Street. Block - 3, the South 32.4' of Lots 1, 2 & 3 of the Park Add. ASPN: 34L-187.00-033.00. Apx 32.4 x 150, with no alley. The zoning appears to be R-3. $10,400.00

25. 1223 Dennison Street. Block - 3, the South 50' of Lots 7, 8 & 9 of the Park Add. ASPN: 34L-187.00-039.00. Apx 50 x 150, with no alley. The zoning appears to be R-4 (duplex). $13,900.00

26. PENDING! 1217 Park Street. Block - 3, Lot - 4 & the South 24' 3" of Lot 3 & The West 90' of the North 17' 4" of Lot 3 of the Park Add. ASPN: 34L-187.00-047.00. Apx 83.2 x 180 irregular (apx. 13,409 square feet), with no alley. Possible 2 one family homes with town approval. The zoning appears to be R-3. $22,000.00

27. 2520 West 13th Street. Block - 1, East 5' of Lot 7 & the West 40' of Lot 8 of the Worthen & Brown Add. ASPN: 34L-189.00-006.00. Apx 45 x 134, with no alley. The zoning appears to be R-3. $12,500.00

28. PENDING! 1201-1203 Park Street. SE corner of W 12th St. & Park St. West 79 feet of Lot 1 and the West 79 feet of the North 6.7 feet of Lot 2, Block 4, Park Additin. Apx. 56.7 x 79. The zoning appears to be R-3. $12,900.00 (Clear Title)

 

The House:

The house is located at 707 Dennison Street, two properties south of 7th Street. Currently this house is set up as a side by side duplex, with approximately 2,200 square feet (as per the county assessor) & a detached two car garage. Block - 18, Lot - 3 of the Capitol Hill Ext. Apx. Lot size is 50 x 150. ASPN: 34L-043.00-172.00. At some point a while back there was a fire in the back of the home. Several of the old time details remain, such as the brick fireplace in the living room, hard wood floors (1st floor), built in wood bench in the dining room, boxed beams & mosaic tile in the 1st floor bathroom, to name a few. This property is located in the Capitol Zoning “D” District, which allows single & two family residences, industrial, professional and general offices, quiet business. There are other uses that would be a “Conditional Uses” also allowed. Call Capitol Zoning District Commission for more details (501 324-9638). $24,900.00

 

For further information, please contact:

 Ruth Whitten, Realtor®

Office (870) 453-2217

or

Cell (870) 688-6959

or

Email ruth@ozarksrealty.com

The information herein is submitted subject to errors, prior sale or lease, change in status, specifications or withdrawal without notice. The information above and/or attached to this sheet, has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. The owner of these properties, is a licensed real estate broker.

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                                        Ruth Whitten, Realtor®

                                            ruth@ozarksrealty.com  

 

                                       

Please Note: All properties described on our website and in our brochure are subject to prior sale, change, or withdrawal without notice. All material used in the property offerings herein contained has been furnished by the seller or the seller's representatives, or by advertiser. We believe all material, editorial, or otherwise, to be correct, but assume no legal responsibility for its accuracy, or for the accuracy of its  presentation. All properties marked with an (*) asterisk, are owned partially or completely by a licensed real estate broker or agent in the state of Arkansas. 

            


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