12309 Chenal Pkwy Little Rock, AR 72211
Property Lookup
Property profile & analytics
12309 Chenal Pkwy Little Rock, AR 72211
- Commercial real estate
- 62,655 SF
- 8.31 lot acres
Property ID
US05-0267418
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Staples Print & Marketing Services / (Bike/Boat/Book/etc) Store / Printing Service
- Aldi / Specialty Food Shop / Supermarket
- UPS Alliance Shipping Partner / Courier Service / Postal Service
- Metro Appliances & More / Home Appliance Store / Hardware & Home Improvement
Property Details for 12309 Chenal Pkwy
- Year built
- 2001
- Lot size
- 8.31 lot acres
- Property size
- 62,655 SF
- Property type
- Commercial real estate
- APN
- 44L-071-20-004-00
- APU
- 44L0712000400
Description
This exceptional 24,092 square foot Class A retail or office space, located at 12305 Chenal Parkway, Suite C, in Pulaski County, presents a unique investment opportunity. Built in 1998 and extensively renovated in 2018, the single-story building boasts an 18-foot ceiling height and is zoned C3. Currently configured as a salon featuring luxury vinyl tile (LVT) flooring and fresh paint, the open layout offers remarkable flexibility for a variety of uses. The property benefits from a prime location on a high-traffic corridor of Chenal Parkway, ensuring exceptional visibility and accessibility. A significant advantage is the large storefront and pylon signage area, ideal for maximizing brand exposure. Ample on-site parking is readily available for customers and employees. This property enjoys a strong tenant mix, sharing the center with established businesses such as Aldi's Grocery, Metro Appliances & More, Guitar Center, Men's Wearhouse, Trek Bicycles, Medic Sleep Care, The Cove Coffee & Yogurt, and Hollywood Feed, with additional tenants anticipated soon. The property taxes are $1.95 per square foot. Electricity is the power source. There are no elevators. The cross street is Markham Street. This is a multi-tenant property with one suite totaling 24,092 contiguous square feet. This location offers an unparalleled opportunity to establish a thriving business within a vibrant and successful commercial center.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,375,000
- 6.5%
- $9,575,000
- 7%
- $8,890,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $8,672,000
Market price range: $1.48M - $10.3M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $11,670,000 Current use
- MEDICAL BUILDING
- $10,290,000 Change: -12% Conversion: Easy
- RETAIL STORES
- $9,565,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4148
- Latitude
- 34.7519
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$158,788
$1,086,465
$1,181,935
$2,268,400
-
$5,432,325
$5,909,675
$11,342,000
