C-1 Storefront
For Sale
$625,000
12223 Colonel Glenn Rd, Little Rock, AR 72210
Established commercial building at Colonel Glenn Road and Lawson Road, near I-430 and multiple retail and entertainment destinations.
Property Size3,000 SF
Price / SF$208.33
Days on Market57
Property Features for 12223 Colonel Glenn Rd
General Information
Standard status
Active
Size
3,000 SF
Zoning
C-1
Building Details
Year Built
1950
Listing Agency:
LPT Realty
Listed By:
Shelly Hazelwood-Marr
(501) 425-2191
Source:
Pcsingtolittlerock
Added: Aug 24
Changed: Oct 8
Last Checked: Oct 7 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront commercial property in Little Rock was constructed in 1950 and carries C-1 zoning. The building occupies the intersection of Colonel Glenn Road and Lawson Road, placing it less than 1/2 mile from I430.
The surrounding area includes car dealerships, restaurants, a movie theatre, Topgolf, and additional retail businesses. The combination of a storefront format, established construction date, commercial zoning, and proximity to these destinations creates a clearly defined retail setting.
The surrounding area includes car dealerships, restaurants, a movie theatre, Topgolf, and additional retail businesses. The combination of a storefront format, established construction date, commercial zoning, and proximity to these destinations creates a clearly defined retail setting.
Key Highlights
- C‑1‑zoned storefront property
- Located at the intersection of Colonel Glenn Road and Lawson Road
- Less than 1/2 mile from I430
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,637
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,740
$672.7K
Cap Rate 7%
$480,529
$480.5K
Cap Rate 9%
$373,744
$373.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$51.1K $17.04/SF
− Vacancy
−$3.1K −$1.02/SF
EGI
$48.1K $16.02/SF
− OpEx
−$14.4K −$4.81/SF
NOI
$33.6K $11.21/SF
Area
Little Rock, AR
Vacancy
6.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,740
Cap Rate 7%
$480,529
Cap Rate 9%
$373,744
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
170
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Established commercial building at Colonel Glenn Road and Lawson Road, near I-430 and multiple retail and entertainment destinations.
Where is this storefront property located?
The property is located at 12223 Colonel Glenn Rd 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: C‑1‑zoned storefront property; Located at the intersection of Colonel Glenn Road and Lawson Road; Less than 1/2 mile from I430
