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    10815 Colonel Glenn Rd Little Rock, AR 72204-8011
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    Property profile & analytics

    10815 Colonel Glenn Rd Little Rock, AR 72204-8011


    • Strip malls
    • 18,116 SF
    • 3.21 lot acres
    Off-Market
    Last Sale Mar 10, 2023
    Property ID
    US05-0444446
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UAMS Health - Kathryn L. Nance, M.D. / Physician
    • UAMS - Justin M. Rabinowitz, M.D. / Physician
    • UAMS Health - Allison G. Whiting, PT / Physician
    • Jordan Walters / Physician
    • UAMS Health - Orthopaedic Clinic / Medical Clinic

    Property Details for 10815 Colonel Glenn Rd

    Year built
    2014
    Lot size
    3.21 lot acres
    Property size
    18,116 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    44L-143-09-002-00
    APU
    44L1430900200

    Description

    This exceptional Class A shopping center, The Shoppes at Colonel Glenn, presents a compelling investment opportunity in Little Rock, Arkansas. The 17,899 square foot property, built in 2014, sits on a 3.21-acre lot at 10815 Colonel Glenn Rd, offering convenient access to I-430 and benefiting from high traffic volume in a rapidly expanding area. Currently boasting 100% occupancy with four tenants, including the University of Arkansas for Medical Sciences (UAMS) under a new 15-year lease, this multi-tenant retail center provides a stable income stream. The property features a single, one-story building with five units and generates a Net Operating Income (NOI) of $450,000, representing a 6.92% cap rate. The asking price is $6,500,000. Its prime location near car dealerships, entertainment venues, and major shopping centers, combined with the strong anchor tenant and high traffic counts (nearly 88,000 vehicles per day on I-430), makes this an attractive prospect for investors seeking a stable, high-performing asset. This opportunity is particularly well-suited for those participating in a 1031 exchange.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,365,000
      Current use
      COMMERCIAL (GENERAL)
      $3,375,000
      Change: +43% Conversion: Easy
      MEDICAL BUILDING
      $2,975,000
      Change: +26% Conversion: Difficult
      RETAIL STORES
      $2,765,000
      Change: +17% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,075,000
      Change: -12% Conversion: Difficult
      OFFICE BUILDING
      $2,010,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3974
    Latitude
    34.712
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $56,382
    $314,611
    $747,389
    $1,062,000
    -
    $1,573,055
    $3,736,945
    $5,310,000
    More about this property
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