9621 Tall Timber BlvdLittle Rock, AR 72204

  • Office properties
  • 10,000 SF
For Sale
$1,250,000 View listing

Property Details for 9621 Tall Timber Blvd

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.99 AC
Property size (Sq ft)
10,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
44L-144-00-093-02
APU
44L1440009302

Description

This exceptional 12,000-square-foot former church building in Little Rock, Arkansas, presents a unique adaptive reuse opportunity. Located at 9621 Tall Timber Blvd, this single-story, 1990-built structure sits on a 7.52-acre lot (with an additional 2.49 acres available separately) and boasts a spacious sanctuary, numerous classrooms, a fully equipped commercial kitchen, and administrative offices. The property is conveniently located just 1.8 miles from Interstate 430, offering excellent accessibility. Existing features such as the sound system and sanctuary seating are included. Ample on-site parking is provided, enhanced by a porte-cochere with a drive-thru lane. The asking price is $1,250,000, translating to $104.17 per square foot. The property is vacant and ready for immediate occupancy on May 28, 2024. Its flexible layout and prime location make it ideal for a variety of commercial ventures, offering an exciting prospect for creative redevelopment in a well-established area of west Little Rock. The Pulaski County APN is 44L-144.00-093.02. This is a single-unit property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,627,540
    6.5%
    $1,502,345
    7%
    $1,395,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $715,300
    Geo Method
    $715,300
  • Alternative Use

    Use
    Valuation
    Residential
    $1,862,907
    Hospitality
    $1,706,413
    Educational
    $1,419,716
    Medical
    $1,468,542
    Retail
    $2,208,446
9621 Tall Timber Blvd, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.701
Longitude
-92.3829
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
$8,746
$49,701
$75,239
$124,940
-
$248,505
$376,195
$624,700

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