Unlock Community Wealth-Building: Prime 4.7-Acre Development Opportunity at 2001 Simpson Street


 

Unlock Community Wealth-Building: Prime 4.7-Acre Development Opportunity at 2001 Simpson Street

By Walter Washington, MPA, ABR® | Your Real Estate Advocate

Central Arkansas is growing rapidly, and with that growth comes a critical demand for intelligent, forward-thinking development. As a licensed REALTOR® and community wealth-builder, I am incredibly excited to spotlight a versatile, value-add development opportunity in the heart of Little Rock’s Granite Mountain area: 2001 Simpson Street, Little Rock, AR 72206.

Listed at $114,900, this 4.7-acre corner lot inside the Little Rock city limits offers incredible potential for developers and investors looking to make a lasting, positive impact on our local housing supply.

Development-Ready Features & Flexibility

Whether your vision is multi-family housing, senior living, or a single-family subdivision, this site is primed for execution:

  • Entitlements & Zoning: The site is currently zoned R-2, with a preliminary plat already approved for a 14-lot subdivision (June 2018). Furthermore, City Planning has confirmed that an R-4 multi-family rezoning is simple and straightforward via a Conditional Use process.

  • Favorable Owner Financing: To help make your project financially viable from day one, the seller is offering excellent owner financing terms: 30% down ($35,970) with up to a 10-year term. Interest-only payments are available, and all terms are negotiable to fit your investment strategy.

  • Infrastructure & Site Readiness: All utilities—including water, sewer, electric, and gas—are available on-site. The property features level, partially wooded terrain, is situated on a paved street corner, and sits entirely outside the floodplain in FEMA Zone X.

  • Strategic Location: Located in the Granite Mountain area with close proximity to Interstate 30, Adams Airport, and the river port, this location offers exceptional convenience and connectivity.

  • Room for Expansion: For larger-scale visions, there are two adjacent landlocked parcels available for assemblage, which can expand the footprint to a full 10-acre site.

Real Estate Pro Tip

"When tackling commercial or multi-family value-add projects, 'location' is only half the battle; the other half is favorable procurement and structuring. Utilizing flexible owner financing allows investors to preserve capital up front, keeping projects audit-ready and highly profitable. Whether you are navigating conditional use zoning or assembling land parcels, having an experienced, strategic partner ensures you build generational wealth while mitigating risk." — Walter Washington, MPA, ABR®

Let’s Build Your Path Forward

From single-family subdivisions to multi-family investments, turning land into thriving communities requires expertise, strategic foresight, and fiscal integrity. View the full listing details and property documents on Crexi.

If you are an investor or developer ready to capitalize on this Little Rock opportunity, let's connect.

Blessings to you and yours,

Walter Washington MPA, REALTOR® | Member ID: 128087539

ABR® | AHWD® | C2EX® Certified

(501) 612-3838 | emailme@walterwashington.realtor

Connect: https://linktr.ee/YourRealEstateAdvocate

Working, Advocating, Leveraging Towards Excellent Results (W.A.L.T.E.R.)

United Real Estate Central Arkansas 1319 Broadway Street, Little Rock, AR 72202

Main Office: (501) 747-1532

unitedrealestatecentralarkansas.com

Licensed in Arkansas | Supervised by Principal Broker Melissa Bond

Equal Housing Opportunity

Member, Little Rock REALTORS® Association | Arkansas REALTORS® Association | National Association of REALTORS®

Location: Little Rock, AR, USA

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