1812 Reynolds RdBryant, AR 72022

  • Retail properties
  • 0.95 AC
For Lease
$24/SF/YR View listing

Property Details for 1812 Reynolds Rd

Lot size
0.95 AC
Property type
Retail properties
Property subtype
Retail space
APN
840-14266-000
APU
84014266000

Description

This exceptional Class A retail and restaurant property, situated on 0.9 acres at 1812 Reynolds Rd and boasting a total of 7,500 square feet, presents a unique investment opportunity. Built in 2023, the single building comprises three suites, offering flexible space options. One suite, measuring approximately 1,900 square feet, is currently available, with the potential to combine spaces for up to 6,000 contiguous square feet. The property benefits from a high-traffic location, experiencing approximately 25,000 cars daily, making it ideal for a variety of businesses. The building features a grease trap, and the design allows for the potential addition of a drive-thru, enhancing operational flexibility. The minimum divisible space is 1,900 square feet, providing an excellent entry point for smaller businesses, while larger tenants can occupy a significant portion of the building. This property is perfect for a restaurant or retail establishment seeking a modern, well-located space in a high-traffic area. The building's modern construction and prime location ensure strong visibility and accessibility for customers. The available space offers a blank canvas for a discerning tenant to create a thriving business. The cross street is Reynolds Rd.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,669,122
    6.5%
    $8,925,343
    7%
    $8,287,819
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,459,337
    Geo Method
    $7,459,337
  • Alternative Use

    Use
    Valuation
    Residential
    $7,528,861
    Hospitality
    $6,896,396
    Educational
    $5,737,720
    Medical
    $5,935,050
    Retail
    $8,925,343
1812 Reynolds Rd, Bryant, Arkansas

Location Insight

City
Bryant
County
Saline
State
Arkansas
Latitude
34.6116
Longitude
-92.4948
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,211
$49,658
$159,589
$209,247
-
$248,290
$797,945
$1,046,235

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