15825 Cantrell RdLittle Rock, AR 72223
- Office properties
- 9,700 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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