Property profile

11401 Rodney Parham Rd Little Rock, AR 72212

OFF-MARKET
Strip malls
Property ID
US05-0442928
12,021 SF 0.81 ac lot Built 1975
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional ±12,020 square foot commercial property, situated at 11401 N Rodney Parham Rd in Little Rock, Arkansas, presents a unique leasing opportunity. The single-story, Class C building, constructed in 1975, offers a blend of traditional, medical, and creative office spaces within a multi-tenant environment. Currently, ±1,650 square feet are available for lease. The property boasts a highly desirable West Little Rock location, nestled in the heart of Pleasant Valley and the West Village district, known as a premier retail destination. Its strategic corner location at N. Rodney Parham Rd and Merrill Dr provides convenient access with ingress and egress points from both streets. Ample parking is available for tenants and their clients. The property is located in Pulaski County, Arkansas, zip code 72212. Strong co-tenancy includes established businesses such as Fletcher & Bensky Furs, The Pantry, and Chinese Kitchen, ensuring a vibrant and thriving commercial environment. This is an ideal opportunity for businesses seeking a well-located, established space in a bustling area. The property is categorized as Retail and Office.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1975
Total area 12,021 SF
Lot 0.81 ac (35,284 SF)
APN 43L-112-00-001-00
UPID US05-0442928

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Shopping Center & Mall
  • Fur Service
  • Restaurant
  • Insurance Agency

Location

11401 Rodney Parham Rd Little Rock, AR 72212-4123
Little Rock metro Census 2209 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$450k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $2.0M +25.8%
Retail stores $1.8M +16.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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