Storefront Property with Kitchen
New
For Sale
$625,000
12223 Colonel Glenn Road, Little Rock, AR 72210
COMMERCIAL - Little Rock, AR
Property Size3,000 SF
Lot Size0.32 Acres
Price / SF$208.33
Days on Market2
Property Features for 12223 Colonel Glenn Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
1
Interior features
Kitchen Area
Lot features
Corner Lot
Directions
From I430 exit at Colonel Glenn going west about 1/2 mile. Building will be on left at the corner of Colonel Glenn and Lawson.
Subdivision
Little Rock
Standard status
Active
Size
3,000 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
21-1N-13W
Tax Annual Amount
6923
Legal Description
21-1N-13W
Building Details
Year built
1950
Floors in Building
1
Flooring type
Concrete
Listing Agency:
LPT Realty · RE/MAX International
(501) 291-3841
Listed By:
Shelly Hazelwood-Marr
(501) 425-2191
Added: Jul 30
Last Checked: Jul 31 at 2:06PM
MLS# 26031006
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property is zoned C-1 and includes a kitchen area, with concrete flooring throughout. The building was constructed in 1950 and sits on a 0.32-acre lot totaling 3,000 square feet.
Located at the busy intersection of Colonel Glenn and Lawson Rd in Little Rock, it is less than 1/2 mile from I-430. The surrounding area includes car dealerships, restaurants, a movie theatre, Topgolf, and a variety of retailers, supporting a range of commercial uses.
The combination of a C-1 designation, straightforward interior setup with a kitchen area, and convenient access to I-430 can make this location useful for businesses seeking visibility and nearby retail activity.
Located at the busy intersection of Colonel Glenn and Lawson Rd in Little Rock, it is less than 1/2 mile from I-430. The surrounding area includes car dealerships, restaurants, a movie theatre, Topgolf, and a variety of retailers, supporting a range of commercial uses.
The combination of a C-1 designation, straightforward interior setup with a kitchen area, and convenient access to I-430 can make this location useful for businesses seeking visibility and nearby retail activity.
Key Highlights
- Zoned C‑1 storefront property
- 0.32‑acre lot with 3,000 square feet
- Kitchen area and concrete flooring
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.1k | $17.04 |
| − Vacancy | −$3.1k | −$1.02 |
| EGI | $48.1k | $16.02 |
| − OpEx | −$14.4k | −$4.81 |
| NOI | $33.6k | $11.21 |
3,000 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$480.5K
$420.5K – $560.6K
NOI $33,637 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.0K
$476.9K – $635.8K
NOI $38,149 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72210, AR
16,348
Population
6,876
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
49.5 sq mi
ZIP Area
330
Density / Sq Mi
$65,765
Median Household Income
$44,781
Median Earnings
$954
Median Rent
$227,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property zoned C-1 near I-430, with concrete floors and a kitchen area.
Where is this storefront property located?
The property is located at 12223 Colonel Glenn Road Little Rock, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Zoned C‑1 storefront property; 0.32‑acre lot with 3,000 square feet; Kitchen area and concrete flooring
