98 Commercial Park CtMaumelle, AR 72113

Property Details for 98 Commercial Park Ct

Year built

2007

Lot size

2.47 AC

Property size (Sq ft)

45,732 SF

Property type

Investment properties

Property subtype

Live-work space

APN

42M-008-25-002-01

APU

42M0082500201

Description

This exceptional 0.52-acre commercial lot, identified as Lot 1R-B in Maumelle Commercial Park, presents a unique investment opportunity. Situated at 98 Commercial Park Court, Maumelle, AR 72113, this property boasts a prime location with C-3 zoning, allowing for a variety of commercial uses. The land offers full two-way access onto Maumelle Boulevard, ensuring high visibility from this heavily traveled arterial road. Its strategic position makes it ideal for quick-service restaurants (QSRs), banks, and other convenience retail establishments. The lot size is 0.52 acres, and the land value is priced at $6 per square foot. The Pulaski County Assessor's Parcel Number (APN) is 42M0082500100. While part of a larger development plan allowing for subdivision into up to three smaller lots, this parcel is offered as a single, build-ready site. This property offers exceptional visibility and accessibility, making it an attractive investment for businesses seeking a high-traffic location in a thriving community. Don't miss this chance to secure a prominent position in Maumelle's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $8,287,160

  6.5%

  $7,649,690

  7%

  $7,103,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,336,630

  Geo Method

  $3,336,630

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $14,969,300

  Retail / Commercial

  $7,676,680

  Hospitality / Lodging

  $5,612,820

  Office

  $7,604,640

  Institutional / Educational

  $7,952,730

  Residential Income

  $9,304,690

  Multifamily

  $11,157,400

  Automotive / Energy

  $6,816,620

  Parking / Income-Based Land

  $2,351,960

  Restaurant / Food Service

  $3,979,470

  Healthcare / Senior Housing

  $7,844,220

Location Insight

City

Maumelle

County

Pulaski

State

Arkansas

Latitude

34.8617

Longitude

-92.3997

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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