15825 Cantrell RdLittle Rock, AR 72223

  • Office properties
  • 9,700 SF
For Sale
$2,200,000 View listing

Property Details for 15825 Cantrell Rd

Year built
2000
Lot size
1.03 AC
Property size (Sq ft)
9,700 SF
Property type
Office properties
Property subtype
Office buildings
APN
53L-024-13-003-00
APU
53L0241300300

Description

This exceptional 11,230-square-foot Class B office building, located at 15825 Cantrell Road in Little Rock, Arkansas, presents a compelling investment opportunity. Built in 2000, this two-story building sits on a 1.03-acre lot and boasts a high-visibility location on Cantrell Road, with an average daily traffic count of approximately 38,000 vehicles. The property is currently vacant, offering immediate occupancy for a new owner. The building features a meticulously finished interior and exterior, reflecting high-quality construction and design. Its strategic location offers excellent access to a thriving commercial area, including nearby developments such as The Ranch, the Bank OZK headquarters, and The Middle, a new mixed-use project. The property is zoned C and offers significant potential for a variety of commercial uses. The asking price is $2,200,000, translating to $195.90 per square foot. Its proximity to several schools, including Don Roberts, Pinnacle View, Little Rock Christian Academy, Baptist Prep, and Joe T. Robinson, adds further appeal. This is a rare opportunity to acquire a high-quality, highly visible office building in a rapidly developing area of Little Rock. The property's size, location, and condition make it an ideal investment for businesses seeking a prominent presence in a dynamic market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,541,830
    6.5%
    $1,423,228
    7%
    $1,321,569
  • Comparable approach

    Method
    Valuation
    Relative Method
    $693,841
    Geo Method
    $693,841
  • Alternative Use

    Use
    Valuation
    Residential
    $1,764,803
    Hospitality
    $1,616,550
    Educational
    $1,344,950
    Medical
    $1,391,205
    Retail
    $2,092,145
15825 Cantrell Rd, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.8022
Longitude
-92.4477
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,896
$61,713
$151,087
$212,800
-
$308,565
$755,435
$1,064,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].