Storefront with Kitchen
For Sale
$625,000
12223 Colonel Glenn Road, Little Rock, AR 72210
Commercial / Industrial, Little Rock, AR
Property Size3,000 SF
Lot Size0.32 Acres
Price / SF$208.33
Days on Market94
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
Changed: Oct 20
Last Checked: Oct 31 at 2:06AM
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.
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 3,000-square-foot storefront building includes a kitchen area and concrete flooring. Built in 1950, it occupies a 0.32-acre parcel.
The property is at the intersection of Colonel Glenn Road and Lawson Road, less than 1/2 mile from I-430. Nearby destinations include car dealerships, restaurants, a movie theater, Topgolf, and other retailers.
The property is at the intersection of Colonel Glenn Road and Lawson Road, less than 1/2 mile from I-430. Nearby destinations include car dealerships, restaurants, a movie theater, Topgolf, and other retailers.
Key Highlights
- 3,000‑square‑foot storefront building
- 0.32‑acre parcel
- Kitchen area and concrete flooring
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
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 - A kitchen area and concrete flooring provide functional features for a range of storefront uses.
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: 3,000‑square‑foot storefront building; 0.32‑acre parcel; Kitchen area and concrete flooring
