801 Bowman Rd Little Rock, AR 72211
- Strip malls
- 53,260 SF
- 5.94 lot acres
Current Use by Public Records
- Larry's Pizza of LR / Pizza Restaurant / Buffet Restaurant
- Arkansas Urology / Urology Clinic
- Urban Air Trampoline and Adventure Park / High Ropes Course / Indoor Playground
- Batteries Plus / Cell Phone Accessory Store / Light Bulb Supplier
- We Fix It Phone Repair / Mobile Phone Repair Shop / Electronics Repair Shop
Property Details for 801 Bowman Rd
- Year built
- 1999
- Lot size
- 5.94 lot acres
- Property size
- 53,260 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 44L-062-18-001-00
- APU
- 44L0621800100
Description
This exceptional Class A medical office building, totaling 45,000 square feet, offers multiple suites for lease. Built in 1996 and extensively renovated in 2017, the property features two single-story buildings with a minimum divisible space of 4,473 square feet and a maximum contiguous space of 4,473 square feet currently available. The property boasts a prime location in the heart of west Little Rock's business district, directly across from major retailers including Walmart, Sam's Club, Lowe's, Hanks Furniture, and At Home Design Center, and just one block south of Chenal Parkway. This highly visible corner location at the intersection of Bowman and Chenal Parkway offers excellent ingress and egress via Hermitage and Bowman Roads. The property features ample on-site parking, a convenient rear loading area, and large signage opportunities on both the storefront and pylon sign. Property taxes are $1.30 per square foot. Utilities are electric. No elevators are present. The zoning is C3, and the APN is 44L0621800100. The strong tenant mix includes national and local businesses such as Urban Air, Larry's Pizza, OrthoArkansas, Batteries Plus, Small Bites Pediatric Dentistry, Leslie's Poolmart, and Star Nails. This is an unparalleled opportunity for medical professionals seeking a high-visibility, well-maintained space in a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,145,000
- 6.5%
- $1,120,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,360,000
- Retail
- $975,000
- Mixed-Use
- $1,285,000
- Hospitality
- $1,205,000
- Educational
- $1,350,000
- Residential Income
- $1,170,000
- Energy
- $1,105,000
- Income-Based Land
- $1,110,000
- Food Service
- $1,185,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4064
- Latitude
- 34.7462
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
