Property profile

11921 Kanis Rd Little Rock, AR 72211

OFF-MARKET
Grocery and convenience stores
Property ID
US05-0034532
3,600 SF 0.87 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Total area 3,600 SF
Lot 0.87 ac (37,897 SF)
APN 44L-078-21-001-00
UPID US05-0034532

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
  • Grocery & Convenience Store

Location

11921 Kanis Rd Little Rock, AR 72211-3732
Little Rock metro Census 2407 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.77M

Owner & transaction history

since 2022
Last sale
$5.7M
1 recorded transaction
2022
$5.7M

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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