Discover an extraordinary opportunity at 14118 Kanis Rd in Little Rock, AR! This expansive 5-acre lot, located near Woodlands Edge and Baker Elementary, offers unparalleled potential for residential or commercial development. Positioned just off Chenal Parkway and minutes from the Promenade, this rare find boasts proximity to thriving neighborhoods and key amenities. With its prime location and flexible zoning possibilities, this property is perfect for a variety of uses. Imagine creating the ideal space for a commercial office, hotel, apartment complex, chain restaurant, or a popular fast-food establishment. The possibilities are endless for this highly visible and accessible lot! Opportunities like this are few and far between, so don’t miss your chance to secure a prime piece of land in one of Little Rock’s most desirable areas. Call today for more information and go see it now—properties like this don’t stay available for long!
Property Details
Property Features
Listing Office:
Office Name: Compass Group Real Estate
Office Phone: (501) 749-4801
Listing Agent: Whitney Hicks
Lot Features
Lot Information:
Lot: Level
Lot Size: 5.00 Acres
Other
Directions Information:
Directions: Turn on Kanis head west toward baker elementary, location is on left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,800,000
Tax Information:
Annual Amount: $569
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Little Rock, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,051
Per Month
Principal & Interest
$8,984
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,463
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Baker Interdistrict Elementary School
15001 Kanis Rd
Distance between this listing and this school0.57 miles
Public District Grades PK-5
4
/10
Lisa Academy Chenal
12200 Westhaven Dr
Distance between this listing and this school1.28 miles
Public Charter Grades KG-5
2
/10
Arkansas Virtual Academy
10802 Executive Center Dr Ste 205
Distance between this listing and this school2.06 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Arkansas Virtual Academy Jr
10802 Executive Center Dr Ste 205
Distance between this listing and this school2.06 miles
Public Charter Grades 6-8
6
/10
Lisa Academy
21 Corporate Hill Dr
Distance between this listing and this school2.49 miles
Public Charter Grades 6-8
7
/10
Pinnacle View Middle School
5701 Ranch Dr
Distance between this listing and this school4.64 miles
Public District Grades 6-8
Nearby Schools
7
/10
Lisa Academy High School
21 Corporate Hill Dr
Distance between this listing and this school2.45 miles
Public Charter Grades 9-12
5
/10
Parkview Magnet High School
2501 John Barrow Rd
Distance between this listing and this school3.57 miles
Public Magnet Grades 9-12
6
/10
Estem Public Charter High School
112 W 3rd St Fl 3
Distance between this listing and this school5.37 miles
The neighbors living near this home have an average income of $61,737. Typical income of Little Rock, AR residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 14118 Kanis Rd
What is the listing price of this property?
The listing price of 14118 Kanis Rd property is $1,800,000.
What type of property is this?
The property 14118 Kanis Rd is land located in Little Rock, Arkansas, 72223.
Is this property for sale now?
Active Listing: 14118 Kanis Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $569 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 14118 Kanis Rd in Little Rock, AR and zip code 72223 in the Parkway Place neighborhood. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,800,000.
Little Rock, AR housing market in November 2024 saw over 23 listings sold above listed price, more than 49 sold at listed price and over 86 sold below. The number of listings in Little Rock, AR increased by 0.4% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.