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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11623 Kanis Rd Little Rock, AR 72211

130,680 SF 3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three acres of commercial land at 11623, 11625, and 11627 Kanis Road in Little Rock, Arkansas, 72211. The property boasts 130,680 square feet and offers significant potential for development or continued income generation. Currently, the site includes two occupied houses and a workshop, providing immediate cash flow. The location is highly desirable, situated in West Little Rock, with excellent visibility and accessibility. The property benefits from a prime location on Kanis Road, east of the Bowman intersection, providing easy access to Interstates 430 and 630. Nearby amenities include Lowe's, Embassy Suites, Hilton Garden Inn, Arkansas Heart Hospital, Baptist Medical Center, and numerous corporate office parks. The site features existing infrastructure, including curb, gutter, sidewalk, utilities, sewer, and street access. With 129 feet of Kanis Road frontage, this property presents a rare chance to capitalize on a high-traffic area. The asking price is $1,300,700, or $10 per square foot. This is a remarkable opportunity for investors and developers seeking a prime location in a thriving market. The existing income-producing structures offer immediate return on investment, while the substantial land area allows for future expansion and development.

Property profile
Verified
Property type Retail properties & Spaces
Total area 130,680 SF
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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