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

Mixed-use properties

Property subtype

Other investment properties

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%

  $7,269,138

  6.5%

  $6,709,974

  7%

  $6,230,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,271,210

  Geo Method

  $3,271,210

• Alternative Use

  Use

  Valuation

  Residential

  $8,320,367

  Hospitality

  $7,621,412

  Educational

  $6,340,925

  Medical

  $6,558,999

  Retail

  $9,863,661

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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