13310 Kanis RdLittle Rock, AR 72211

Property Details for 13310 Kanis Rd

Year built

2018

Lot size

2.93 AC

Property size (Sq ft)

3,881 SF

Property type

Office properties

Property subtype

Office buildings

APN

44L-071-00-021-00

APU

44L0710002100

Description

This exceptional ±3,907 square foot office building, constructed in 2018, sits on a spacious 2.93-acre lot in Little Rock, Arkansas. Located on the rapidly developing Kanis Road corridor in West Little Rock, this mixed-use property offers a prime location with excellent visibility and accessibility. The building features a generous parking ratio of 3.75 spaces per 1,000 square feet, ensuring ample parking for tenants and visitors. The property is ideally suited for a variety of uses, including medical offices, physical therapy practices, health spas, or general office spaces. A significant advantage is the inclusion of a large, modern storage structure and an on-site power generator, providing added convenience and security. The two-story building boasts a versatile layout, adaptable to diverse business needs. The property's strategic location benefits from the proximity to numerous existing and upcoming offices, retail centers, multi-family, and single-family developments, ensuring a thriving and growing business environment. This presents a unique opportunity to acquire a well-maintained, functional office building in a high-demand area. The asking price is $850,000. The property is zoned for office, medical, and senior living uses.

• CAP approach

  CAP return

  Valuation

  6%

  $631,648

  6.5%

  $583,060

  7%

  $541,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $277,608

  Geo Method

  $277,608

• Alternative Use

  Use

  Valuation

  Residential

  $722,994

  Hospitality

  $662,259

  Educational

  $550,992

  Medical

  $569,941

  Retail

  $857,098

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.745

Longitude

-92.4224

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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