11921 Kanis Rd Little Rock, AR 72211-3732
- Grocery and convenience stores
- 3,600 SF
- 0.87 lot acres
Current Use by Public Records
- Krispy Krunchy Chicken / Chicken Restaurant
- Circle K / Convenience Store
Property Details for 11921 Kanis Rd
- Lot size
- 0.87 lot acres
- Property size
- 3,600 SF
- Property type
- Grocery and convenience stores
- APN
- 44L-078-21-001-00
- APU
- 44L0782100100
Description
This exceptional 0.75-acre commercial land parcel, totaling 32,670 square feet, is strategically located in West Little Rock at the intersection of Kanis Road and Bowman Road, in Pulaski County, Arkansas. The property's single-tenant zoning presents a unique opportunity for developers seeking a prime location for various commercial ventures. The expansive lot size offers ample space for new construction, allowing for flexibility in design and functionality. Its convenient location provides excellent visibility and accessibility, ensuring high traffic volume and potential for significant return on investment. The address is 11921 Kanis Rd, Little Rock, AR 72211. This property is available for outright sale, ground lease, or build-to-suit arrangements, offering diverse options to suit various investment strategies. The property's location within Pulaski County, Arkansas, provides access to a thriving business community and a robust infrastructure. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Little Rock. Serious inquiries are encouraged to explore the possibilities this property presents.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,325,000
- 6.5%
- $5,765,000
- 7%
- $5,390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,130,000
- Geo Method
- $4,780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,665,000
- Retail
- $5,400,000
- Mixed-Use
- $6,170,000
- Hospitality
- $5,780,000
- Educational
- $6,260,000
- Residential Income
- $5,475,000
- Energy
- $5,130,000
- Income-Based Land
- $5,080,000
- Food Service
- $4,855,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4068
- Latitude
- 34.7432
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
