7811 Cantrell Rd Little Rock, AR 72227-3300
- Individual retail properties
- 13,937 SF
- 0.37 lot acres
Current Use by Public Records
- Kenneth Edwards Fine Jewelers / Jeweler
- Barbara Jean Ltd / Shoe Store / Cosmetics Store
- Unveiled Bridal Collection / Bridal Shop
- Mini Mall / Shopping Mall
- Emily Schroeder Hair Artist / Hair Salon
Property Details for 7811 Cantrell Rd
- Year built
- 1974
- Lot size
- 0.37 lot acres
- Property size
- 13,937 SF
- Property type
- Individual retail properties
- APN
- 43L-065-00-108-00
- APU
- 43L0650010800
Description
This exceptional retail property, located at 7811 Cantrell Road in Little Rock, Arkansas, presents a significant opportunity for a discerning restaurant operator. The building, constructed in 1974, boasts a total of 13,973 square feet across two stories, situated on a 0.37-acre lot. Currently, a portion of the space, totaling 2,772 square feet, is available for lease. The property is a single-tenant building, offering a unique opportunity for a restaurant to establish a strong presence in a high-traffic area along the Cantrell Corridor. The building's location within Pulaski County, Arkansas, and its proximity to Little Rock (zip code 72227) ensures excellent visibility and accessibility. The previous tenant was a restaurant, leaving the space ready for immediate occupancy by a new operator. This prime location offers high potential for success due to its established commercial corridor and significant foot traffic. The property's size and layout provide ample space for a variety of restaurant concepts. The building's age presents an opportunity for renovation and customization to suit a specific restaurant's needs and branding. This is a rare opportunity to secure a prominent restaurant space in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $500,000
- 6.5%
- $505,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $535,000
- Mixed-Use
- $460,000
- Hospitality
- $470,000
- Educational
- $550,000
- Residential Income
- $530,000
- Energy
- $550,000
- Income-Based Land
- $480,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3622
- Latitude
- 34.7748
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
