Property profile

1145 Jims Ln Conway, AR 72032

OFF-MARKET
Auto shops
Property ID
US05-0060147
3,750 SF 0.32 ac lot Built 1995
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,750-square-foot retail space, located at 1145 Jim's Lane in Conway's Little Rock submarket, presents a unique investment opportunity. Situated on a single story building constructed in 1995, the property boasts a convenient single-tenant occupancy. The entire 3,750 square feet is currently vacant, offering immediate possession for a new business. The building's zoning is C-3, allowing for a variety of commercial uses. Its previous use as a long-time auto shop suggests suitability for similar businesses, or those requiring ample space and three existing shop bays. The property's address is 1145 Jim's Lane, conveniently located near East Oak St. in the Conway submarket cluster of Little Rock. This presents a rare chance to acquire a well-located, spacious property in a thriving area. The single-story structure simplifies operations and offers easy accessibility. The ample square footage and existing shop bays provide significant potential for various commercial ventures. This property is ready for immediate occupancy and offers a blank canvas for a new business to thrive. The C-3 zoning provides flexibility for a range of commercial uses, making it an attractive option for entrepreneurs and investors alike. Don't miss this opportunity to secure a prime retail space in a desirable location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1995
Total area 3,750 SF
Lot 0.32 ac (13,809 SF)
APN 710-04825-024
UPID US05-0060147

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
  • Auto Repair Shop

Location

1145 Jims Ln Conway, AR 72032-4713
Conway metro Census 30403 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2023
Last sale
$185,000
7 recorded transactions
2023
$185,000
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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