Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

12318 Chenal Pkwy Little Rock, AR 72211-2724

  • Strip malls
  • 20,000 SF
  • 3.69 lot acres
OFF-MARKET
Value Estimations
$2,405,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US05-0313270
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.

Current Use by Public Records

  • genghis grill / Restaurant

Property Details for 12318 Chenal Pkwy

Year built
2000
Lot size
3.69 lot acres
Property size
20,000 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
44L-071-15-003-00
APU
44L0711500300

Description

This exceptional 3,200 square foot Class A retail space, formerly occupied by Ghengis Grill, is ideally situated at 12318 Chenal Parkway in Little Rock, Arkansas, 72211. The property enjoys a prominent location near the intersection of Chenal Parkway and Markham Street, benefiting from high visibility and significant traffic volume. Chenal Parkway sees over 40,000 vehicles per day, while Markham Street boasts 27,000 vehicles per day, ensuring substantial exposure for any business. The freestanding building sits on a 0.63-acre lot and offers a single-tenant occupancy. The space underwent renovations in 2020, presenting a move-in ready opportunity for a variety of restaurant or retail concepts. The property's location within the desirable Chenal Parkway submarket guarantees access to a thriving and affluent customer base. This is a rare opportunity to secure a well-maintained, high-traffic retail space in a prime Little Rock location. The building's size and location make it suitable for a wide range of businesses seeking a strong presence in a high-demand area. The 2020 renovations ensure modern amenities and a contemporary aesthetic.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $2,610,000
    Current use
    COMMERCIAL (GENERAL)
    $3,725,000
    Change: +43% Conversion: Easy
    MEDICAL BUILDING
    $3,285,000
    Change: +26% Conversion: Difficult
    RETAIL STORES
    $3,055,000
    Change: +17% Conversion: Easy
    AUTO REPAIR, GARAGE
    $2,290,000
    Change: -12% Conversion: Difficult
    OFFICE BUILDING
    $2,215,000
    Change: -15% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Little Rock
County
Pulaski
State
Arkansas
Longitude
-92.4124
Latitude
34.7529
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
$68,054
$600,602
$371,598
$972,200
-
$3,003,010
$1,857,990
$4,861,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message