2800 2nd St Cabot, AR 72023-7176
- Strip malls
- 6,000 SF
- 3.14 lot acres
Current Use by Public Records
- Waco Title Cabot / Title Company
- Milestones Pediatric Therapy Services / Speech Pathologist / Physical Therapy Clinic
- Bentley Hopper / Occupational Therapist
- Brew YaYa Coffee + Roaster / Coffee Shop / Breakfast Restaurant
Property Details for 2800 2nd St
- Year built
- 2006
- Lot size
- 3.14 lot acres
- Property size
- 6,000 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 723-06501-000
- APU
- 72306501000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,790,000
- 6.5%
- $2,015,000
- 7%
- $1,915,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,320,000
- Geo Method
- $2,240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,990,000
- Retail
- $1,695,000
- Mixed-Use
- $1,815,000
- Hospitality
- $2,030,000
- Educational
- $2,035,000
- Residential Income
- $2,200,000
- Energy
- $2,035,000
- Income-Based Land
- $2,180,000
- Food Service
- $1,900,000
Location Insight
- Map
- Local Demand
- City
- Cabot
- County
- Lonoke
- State
- Arkansas
- Longitude
- -92.0531
- Latitude
- 34.9526
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA