103 Cain RdRockwell, AR 71913

Property Details for 103 Cain Rd

Year built

1960

Lot size

0.29 AC

Property size (Sq ft)

4,224 SF

Property type

Auto shops

APN

200-07800-019-000C

APU

20007800019000C

Description

This exceptional retail property, located at 103 Cain Road in Rockwell, Arkansas, offers 4,224 square feet of versatile commercial space, currently entirely vacant and ready for immediate occupancy. The building is ideally suited for businesses requiring garage or warehouse space, with a total of six bays available. The property is divided into two equally sized suites, each encompassing 2,100 square feet. Each suite features three bay doors and a private bathroom, providing ample space and convenience for various operations. The entire 4,200 square feet is freshly painted, offering a clean and modern workspace. The property's location is convenient, situated just off Airport Road in Garland County, Arkansas, with the zip code 71913. The minimum divisible space is 2,100 square feet, with a maximum contiguous space of 2,100 square feet per suite. Leases are customizable to meet individual business needs. The property is available for lease starting November 1st. A completed application and credit approval are required. This property is perfect for businesses working on cars, boats, ATVs, small engines, or needing secure storage.

• CAP approach

  CAP return

  Valuation

  6%

  $541,274

  6.5%

  $499,638

  7%

  $463,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $761,400

  Geo Method

  $761,400

• Alternative Use

  Use

  Valuation

  Residential

  $421,463

  Hospitality

  $386,058

  Educational

  $321,196

  Medical

  $332,242

  Retail

  $499,638

Location Insight

City

Hot Springs National Park

County

Garland

State

Arkansas

Latitude

34.4684

Longitude

-93.1375

CBSA code

26300

CBSA name

HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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