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    15198 Chenal Pkwy Little Rock, AR 72211

    For Lease
    Contact for pricing

    Prime 1.92-Acre Lot, Build-to-Suit

    Lot size:
    83,635 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.92-acre commercial lot, located at 15198 Chenal Parkway in Little Rock, Arkansas (zip code 72211), presents a unique opportunity for build-to-suit development or ground lease. Zoned C-2, this property is ideally situated in the desirable Chenal submarket cluster of West Little Rock. The lot offers significant potential for a variety of commercial uses, including retail, restaurant, or other compatible businesses. Its size provides ample space for a substantial building, allowing for flexibility in design and functionality. The property's strategic location offers excellent visibility and accessibility, benefiting from its proximity to the newly constructed Goddard School, ensuring high traffic and visibility. This is a rare opportunity to secure a prime commercial lot in a thriving area, providing a strong foundation for a successful business venture. The lot's dimensions are 1.92 acres, providing ample space for development. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is located in the West Little Rock submarket, specifically the Chenal cluster.

    Property Features for 15198 Chenal Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,635 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    83,635 SF

    HighLights

    • Prime Chenal Corridor location near Walgreens, Kroger, Chuy's, and a soon‑to‑open Costco.
    • High traffic count of 35,000 vehicles per day (VPD).
    • C‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.440175977263
    Latitude
    34.756219776314

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    FAQs

    What type of property is this?
    Restaurant - Prime 1.92-Acre Lot, Build-to-Suit
    Where is this restaurant located?
    The property is located at 15198 Chenal Pkwy Little Rock, AR.
    What are key features of this property?
    This property features: Prime Chenal Corridor location near Walgreens, Kroger, Chuy's, and a soon-to-open Costco.; High traffic count of 35,000 vehicles per day (VPD).; C-2 zoning.
    Request Owner's contact information
    15198 Chenal Pkwy Little Rock, AR 72211
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    Little Rock, AR 72211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15198 Chenal Pkwy Little Rock, AR 72211
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