11415 Markham St Little Rock, AR 72211
- Retail space
- 600 SF
- 0.35 lot acres
Current Use by Public Records
- Retail space
Property Details for 11415 Markham St
- Year built
- 1992
- Lot size
- 0.35 lot acres
- Property size
- 600 SF
- Property type
- Retail space
- APN
- 44L-062-08-003-01
- APU
- 44L0620800301
Description
This exceptional 0.34-acre commercial outparcel, located at 11415 West Markham Street in Little Rock, Arkansas, presents a unique investment opportunity. The property boasts 14,810 square feet of land and is zoned PCD, offering flexibility for redevelopment. Built in 2005 and renovated in 2010, the single-story building currently offers 15 parking spaces. Utilities include electric power. The property is ideally situated on a high-traffic corridor of West Markham Street, between Shackleford and Bowman Roads, providing excellent visibility and accessibility. Its prime location is directly across from major retailers including Academy Sports, Dollar Tree, Michaels, and Planet Fitness, ensuring high foot traffic and potential for strong tenant occupancy. The property is currently vacant and available for sale or lease. A potential redevelopment could yield a building as large as 2500 square feet, provided parking needs are limited. The tenant is responsible for taxes, insurance, landscaping, utilities, HVAC maintenance, and building maintenance and repairs. This presents a compelling opportunity for investors seeking a well-located commercial property with significant redevelopment potential in a thriving retail area. The property's Class B designation reflects its solid condition and potential for future growth. The zip code is 72211.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4023
- Latitude
- 34.7537
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
