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    Property profile & analytics
    FOR SALE
    Retail space

    11415 W Markham St, Little Rock, AR 72211

    600 SF 0.35 ac lot Built 1992
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0441466
    Property summary
    AI-generated overview

    This exceptional 0.34-acre commercial outparcel, located at 11415 West Markham Street in Little Rock, Arkansas, presents a unique investment opportunity. The property boasts 14,810 square feet of land and is zoned PCD, offering flexibility for redevelopment. Built in 2005 and renovated in 2010, the single-story building currently offers 15 parking spaces. Utilities include electric power. The property is ideally situated on a high-traffic corridor of West Markham Street, between Shackleford and Bowman Roads, providing excellent visibility and accessibility. Its prime location is directly across from major retailers including Academy Sports, Dollar Tree, Michaels, and Planet Fitness, ensuring high foot traffic and potential for strong tenant occupancy. The property is currently vacant and available for sale or lease. A potential redevelopment could yield a building as large as 2500 square feet, provided parking needs are limited. The tenant is responsible for taxes, insurance, landscaping, utilities, HVAC maintenance, and building maintenance and repairs. This presents a compelling opportunity for investors seeking a well-located commercial property with significant redevelopment potential in a thriving retail area. The property's Class B designation reflects its solid condition and potential for future growth. The zip code is 72211.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1992
    Total area 600 SF
    Lot 0.35 ac (15,246 SF)
    APN 44L-062-08-003-01
    UPID US05-0441466
    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
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    Blend (final) Blend
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    Owner & transaction history
    Cropperrogers Properties LLC · 1 yrs held
    Cropperrogers Properties LLC
    since 2024
    2 recorded transactions
    2024
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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