6801 12Th StLittle Rock, AR 72204

Property Details for 6801 12Th St

Year built

1979

Lot size

4.92 AC

Property size (Sq ft)

16,000 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

44L-107-00-001-00

APU

44L1070000100

Description

Parkwood Center, located at 6805 W 12th Street in Little Rock, Arkansas, offers exceptional industrial space for lease. This centrally located property comprises three single-story buildings totaling 66,796 square feet, situated on a 4.92-acre lot. Currently, two suites are available, providing flexible options for businesses seeking warehouse, distribution, or flex space. One suite offers 2,400 square feet, while the other provides 6,000 square feet, each including 1,200 square feet of office space. Both suites are designed for efficient operations, featuring one dock-high door and one roll-up door, ensuring easy loading and unloading of goods. The property's strategic location provides quick access to I-630, a significant advantage for transportation and logistics. Tenants benefit from enhanced security with a secured, gated parking lot. Built in 1979, the property is located in Pulaski County and offers a straightforward layout suitable for a variety of industrial uses. The property is ideal for businesses requiring convenient access, secure storage, and efficient workflow. The available spaces provide a solid foundation for growth and operational success.

• CAP approach

  CAP return

  Valuation

  6%

  $3,738,535

  6.5%

  $3,450,955

  7%

  $3,204,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,884,090

  Geo Method

  $2,884,090

• Alternative Use

  Use

  Valuation

  Residential

  $2,911,010

  Hospitality

  $2,666,470

  Educational

  $2,218,471

  Medical

  $2,294,768

  Retail

  $3,450,955

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7408

Longitude

-92.3521

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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