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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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