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    1515 Kanis Park Dr Little Rock, AR 72205-4569

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    1515 Kanis Park Dr Little Rock, AR 72205-4569


    • Commercial real estate
    • 9,596 SF
    • 2.20 lot acres
    Off-Market
    Property ID
    US05-1135017
    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.

    Value Estimations
    $1,865,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sma Medicine & Nephrology Clinic: Ejiofor Moses MD / Physician / Medical Clinic
    • Westside Dialysis / Medical Clinic

    Property Details for 1515 Kanis Park Dr

    Year built
    2012
    Lot size
    2.20 lot acres
    Property size
    9,596 SF
    Property type
    Commercial real estate
    APN
    44L-082-04-023-00
    APU
    44L0820402300

    Description

    This exceptional 9,596-square-foot medical office building at 1515 Kanis Park Drive in Little Rock, Arkansas, presents a unique investment opportunity. The single-story building boasts 7,500 square feet of readily available space, ideal for expansion or a new medical practice. Situated in a prime location within Little Rock's medical corridor, it's conveniently located just one mile from Baptist Health, ensuring high visibility and accessibility for patients. The property features a well-maintained exterior and ample parking with 57 spaces available. The interior layout is designed for optimal functionality, including a spacious reception area and up to six rooms suitable for offices or examination areas. The building is equipped for a dialysis clinic, offering a "plug and play" setup for immediate occupancy. A covered patient drop-off area enhances patient convenience and comfort. This single-tenant building offers a rare chance to acquire a well-positioned medical office space in a thriving healthcare hub. The property's size, amenities, and location make it an attractive prospect for a variety of medical practices seeking a turnkey solution. The 72205 zip code ensures easy access to major transportation routes and local amenities. This is a remarkable opportunity to establish or expand a medical practice in a high-demand area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,590,000
      6.5%
      $1,465,000
      7%
      $1,360,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,810,000
      Market price range: $257k - $4.63M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,785,000
      Current use
      MEDICAL BUILDING
      $1,575,000
      Change: -12% Conversion: Easy
      RETAIL STORES
      $1,465,000
      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
    -92.3754
    Latitude
    34.7388
    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
    $28,247
    $57,499
    $346,026
    $403,525
    -
    $287,495
    $1,730,130
    $2,017,625
    More about this property
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