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2800 2nd St Cabot, AR 72023-7176

OFF-MARKET Strip malls Google Maps
6,000 SF 3.14 ac lot Built 2006
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$2.01M
Range $1.80M – $2.21M (±10%)
Property ID US05-0455407

Property summary

AI-generated overview

South Fork Plaza, located at 2800 S 2nd St in Cabot, Arkansas (zip code 72023, Lonoke County), offers a unique opportunity for businesses seeking high-visibility office or retail space. This single-story, 33,835 square foot building, constructed in 2006, features a variety of suite sizes, with a minimum divisible space of 844 square feet and a total of 11,532 square feet currently vacant. The property is ideally suited for medical offices, executive offices, or salons, given its existing tenant mix. The building boasts prominent marquee signage and ample parking with 207 spaces, ensuring convenient access for clients and employees. Its strategic location provides excellent visibility, with approximately 11,000 vehicles passing daily, guaranteeing significant exposure for your business. Tenant improvement options are available and negotiable, allowing for customization to meet specific business needs. This multi-tenant property presents a compelling investment opportunity in a thriving Arkansas community. The property is categorized as Retail, Office, and Restaurant space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 6,000 SF
Lot 3.14 ac (136,778 SF)
APN 723-06501-000
UPID US05-0455407

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Title Company
  • Medical Clinic
  • Physician
  • Cafe & Coffee Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.76M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.01M

Owner & transaction history

since 2021
Last sale
$2.1M
7 recorded transactions
2022
Price N/A
2021
$2.1M
2020
Price N/A
2019
Price N/A
2008
Price N/A
2007
$708,000
2007
$708,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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