3400 Pike AveNorth Little Rock, AR 72118

Property Details for 3400 Pike Ave

Year built

1965

Lot size

0.43 AC

Property size (Sq ft)

1,804 SF

Property type

Auto shops

APN

33N-177-00-212-00

APU

33N1770021200

Description

This exceptional 1,700 square foot retail or office space is located at 3400 Pike Avenue in North Little Rock, Arkansas, 72118, near Camp Robinson Road. The single-tenant building sits on a 0.43-acre lot and boasts a newly completed renovation (2024), including updated ADA-compliant bathrooms, completely new plumbing and electrical systems. The property is zoned Commercial and is situated in the Levy submarket. The building is a single-story structure with ample parking, providing 11 spaces for tenants and customers. The entire 1,700 square feet is currently vacant and available for lease as a single unit. The property's versatile layout makes it suitable for a variety of retail or office uses. The existing infrastructure allows for the possibility of installing a drive-thru, presenting a unique opportunity for businesses requiring this feature. Electric power is readily available. This property offers a fantastic opportunity for businesses seeking a modern, well-maintained space in a convenient location. Contact us today to schedule a showing.

• CAP approach

  CAP return

  Valuation

  6%

  $421,517

  6.5%

  $389,093

  7%

  $361,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $325,181

  Geo Method

  $325,181

• Alternative Use

  Use

  Valuation

  Residential

  $328,214

  Hospitality

  $300,643

  Educational

  $250,131

  Medical

  $258,734

  Retail

  $389,093

Location Insight

City

N Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7871

Longitude

-92.2777

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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