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    OFF-MARKET
    Industrial properties

    1041 Lantrip Rd, Sherwood, AR 72120-4161

    9,000 SF 0.82 ac lot Built 1998
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US05-0141364
    Property summary
    AI-generated overview

    This 9,000 square foot, single-story office building in Sherwood, Arkansas, presents a unique investment opportunity. Located at 1041 Lantrip Rd, this Class B property, built in 1998, sits on a 0.77-acre lot and offers versatile space suitable for executive, medical, or traditional office uses. The building boasts a flexible layout, ideal for a variety of businesses, and includes seven restrooms, four storefront entries, and four 4' x 12' garage doors, enhancing its functionality. A significant upgrade was completed in 2022 with the installation of a new roof and gutter system. Ample parking is provided with a gated and fenced lot accommodating 27 vehicles. The property's convenient location is less than 0.2 miles from Highway 67/167, ensuring easy access and high visibility. Currently vacant, the building is ready for immediate occupancy, offering a blank canvas for your business needs. The asking price is $750,000, translating to $83.33 per square foot. This owner/user investment opportunity is perfect for a business seeking a well-maintained, strategically located space with significant potential. The property is zoned for office use and is ready for immediate occupancy.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Year built 1998
    Total area 9,000 SF
    Lot 0.82 ac (35,719 SF)
    APN 23S-053-03-042-00
    UPID US05-0141364
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sundown Management Group LLC · 1 yrs held
    Sundown Management Group LLC
    since 2024
    Last sale
    $480,100
    7 recorded transactions
    2024
    $480,100
    2024
    $21,778
    2024
    $383,178
    2017
    2016
    2008
    $525,000
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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