1041 Lantrip Rd, Sherwood, AR 72120-4161
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.