11623 Kanis Rd, Little Rock, AR 72211
- Retail properties & Spaces
- 130,680 SF
- 3.00 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 11623 Kanis Rd
- Lot size
- 3.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.404
- Latitude
- 34.743
