12120 Colonel Glenn Rd Little Rock, AR 72210-2824
- Industrial properties
- 111,000 SF
- 9.10 lot acres
Current Use by Public Records
- Omnis CrossFit West / Gym & Fitness Center
- Brandon House Event Center / Hotel & Motel / Resort
- Dr. Rex Paul Declerk / Alternative Medicine Practice
- Rex Paul Brady Brady De Clerk / Alternative Medicine Practice
- Shearer Supply Little Rock / Big Box & Wholesale Store
Property Details for 12120 Colonel Glenn Rd
- Year built
- 2001
- Lot size
- 9.10 lot acres
- Property size
- 111,000 SF
- Property type
- Industrial properties
- APN
- 44L-143-04-002-00
- APU
- 44L1430400200
Description
Bowman Plaza I & II offers 175,304 square feet of Class B industrial flex space in Little Rock, Arkansas. This two-building complex sits on a 9.2-acre lot at 12120 Colonel Glenn Rd, 72210, within Pulaski County's Planned Office District ("POD") zoning. Built in 2000, the single-story buildings feature 24-foot clear ceiling heights and rear loading capabilities. Four available spaces range from 2,144 to 10,092 square feet. The property boasts a desirable location with easy access to Interstate 430 and numerous amenities. Features include a fully sprinklered system. Lease rates are competitive, ranging from $9.00 to $12.50 per square foot on a triple-net basis, with a $2.00 per square foot CAM charge. This property is ideal for businesses seeking flexible, high-quality space in a convenient west Little Rock location. The property's zoning allows for diverse uses, making it suitable for a variety of operations. The location offers excellent access to major transportation routes and local conveniences. This is a prime opportunity for businesses seeking efficient and well-located industrial or flex space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,955,000
- 6.5%
- $6,420,000
- 7%
- $5,960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,186,000
- AI Estimate
- $8,061,000
Market price range: $2.05M - $11.2MMarket price range: $1.47M - $8.06M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $6,130,000 Current use
- AUTO REPAIR, GARAGE
- $12,710,000 Change: +107% Conversion: Easy
- OFFICE BUILDING
- $12,305,000 Change: +101% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4108
- Latitude
- 34.7115
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA