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    Property profile & analytics
    OFF-MARKET Estimated value $5,665,000
    Grocery and convenience stores

    11921 Kanis Rd, Little Rock, AR 72211-3732

    3,600 SF 0.87 ac lot
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0034532
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Krispy Krunchy Chicken Restaurant
    • Circle K Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.49M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.67M
    Owner & transaction history
    Kanis Circle K LLC · 3 yrs held
    Kanis Circle K LLC
    since 2022
    Last sale
    $5.7M
    1 recorded transaction
    2022
    $5.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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