Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    19524 Cantrell Rd Little Rock, AR 72223

    • Retail properties & Spaces
    • 10,000 SF
    For Lease
    View listing
    $24 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dairy Queen / Grocery & Convenience Store / Specialty Food Shop

    Property Details for 19524 Cantrell Rd

    Year built
    2020
    Property size
    10,000 SF
    Property type
    Retail properties & Spaces

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4889
    Latitude
    34.8111

    Comparable in this City

    • Value Estimation by Request
      9,073 SF

      18020 Chenal Pkwy

      Restaurants • 9,073 SF
      18020 Chenal Pkwy, Little Rock, AR 72223
      View Details
    • Value Estimation by Request
      2,456 SF

      16105 Chenal Pkwy

      Restaurants • 2,456 SF
      16105 Chenal Pkwy, Little Rock, AR 72223
      View Details
    • Value Estimation by Request
      5.65 Acres

      6002 Becknell Ln

      Specialty properties • 1,100 SF
      6002 Becknell Ln, Little Rock, AR 72223
      View Details
    • Value Estimation by Request
      2,400 SF

      17717 Kanis Rd

      AUTO REPAIR, GARAGE • 2,400 SF
      17717 Kanis Rd, Little Rock, AR 72223-5926
      View Details
    • Value Estimation
      $2,780,000
      23,792 SF

      17711 Chenal Pkwy

      MINI-MALL • 23,792 SF
      17711 Chenal Pkwy, Little Rock, AR 72223-5808
      View Details
    • Value Estimation
      $2,605,000
      13,920 SF

      16924 Cantrell Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,920 SF
      16924 Cantrell Rd, Little Rock, AR 72223-4715
      View Details

    Similar Nearby for Sale

    • $1,210,000
      106.89 Acres

      Prime Hunting Land in Little Rock, AR

      106 Acres, Recreational Paradise, Investment Potential
      0 Eagle Rdg Rd, Little Rock, AR 72223
      View Details
    • $240,000
      4,000 SF

      Executive Office Lot, Little Rock

      Pad-ready lot, 4,000 sq ft potential.
      4 Chevaux Ct, Little Rock, AR 72223
      View Details
    • Contact for pricing
      61.33 Acres

      Highway 10 & Chenal Parkway Land

      Prime Little Rock commercial land, development ready.
      0 Hwy 10 & Chenal Pkwy, Little Rock, AR 72223
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Chenonceau Blvd, Little Rock, AR 72223
      View Details
    • Contact for pricing
      61 SF

      West Little Rock Development Opportunity

      Land for development in a growing commercial area.
      - Lots 2-9D Hwy 10 & Chenal Pkwy, Little Rock, AR 72223
      View Details
    • Contact for pricing
      1.28 Acres

      Highway 10 & Chenal: Prime Land

      West Little Rock commercial lots, development ready.
      - Lots 2-9D Hwy 10 & Chenal Pkwy, Little Rock, AR 72223
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      60,000 SF

      The Centre at Ten: Retail Space

      West Little Rock retail & restaurant space.
      12911 Cantrell Rd, Little Rock, AR 72223
      View Details
    • $32 SF/Yr
      7,494 SF

      Chenal Parkway Retail Space Available

      High-visibility retail space, Little Rock, AR
      17701 Chenal Pkwy, Little Rock, AR 72223
      View Details
    • $24 SF/Yr
      10,000 SF

      19524 Cantrell Rd

      Retail properties & Spaces • 10,000 SF
      19524 Cantrell Rd, Little Rock, AR 72223
      View Details
    • Contact for pricing
      9,073 SF

      Crossroads Chenal: Prime Retail Space

      Little Rock medical/office suites available. Excellent West Little Rock location.
      18020 Chenal Pkwy, Little Rock, AR 72223
      View Details
    • $8,220 /Mo
      6,900 SF

      Saddle Creek Office Suites

      West Little Rock Office Space: 125-241 sq ft.
      8221 Ranch Blvd, Little Rock, AR 72223
      View Details
    • $17 SF/Yr
      46,200 SF

      Dogwood Crossing: Prime Retail/Office Space

      Chenal's premier two-building strip center.
      5507 Ranch Dr, Little Rock, AR 72223
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19524 Cantrell Rd
    Little Rock, AR 72223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!