11715 Rainwood RdLittle Rock, AR 72212

Property Details for 11715 Rainwood Rd

Year built

1985

Lot size

1.95 AC

Property size (Sq ft)

10,800 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

43L-132-00-002-00

APU

43L1320000200

Description

Green Mountain Plaza, located at 11715 Rainwood Rd in Little Rock, Arkansas, offers exceptional medical office space for lease. This 10,800 square foot building, constructed in 1985, is situated in Pulaski County, zip code 72212. The property is currently multi-tenant and offers flexible lease options. Two spaces are immediately available, ranging from a minimum of 800 square feet to a maximum contiguous space of 5,739 square feet. A total of 3,400 square feet is currently vacant and ready for occupancy. The building's history includes previous use as a salon, adding to its versatile layout. The property is classified as both retail and office space, making it suitable for a variety of medical practices or related businesses. Its location in Little Rock provides convenient access to major roadways and a thriving community. This is an excellent opportunity to secure prime medical office space in a well-established building. Inquire today for leasing details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,757,743

  6.5%

  $1,622,532

  7%

  $1,506,637

• Comparable approach

  Method

  Valuation

  Relative Method

  $772,524

  Geo Method

  $772,524

• Alternative Use

  Use

  Valuation

  Residential

  $2,011,940

  Hospitality

  $1,842,926

  Educational

  $1,533,293

  Medical

  $1,586,025

  Retail

  $2,385,122

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7685

Longitude

-92.4031

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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