11415 W Markham St, Little Rock, AR 72211
For Sale
1 / 5
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.
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.