Property profile

8028 Cantrell Rd Little Rock, AR 72227

OFF-MARKET
Office buildings
Property ID
US05-0374502
5,398 SF 0.33 ac lot Built 1983
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,700 square foot medical office building, located at 8028 Cantrell Road in Little Rock, Arkansas, presents a unique leasing opportunity. The entire building, totaling 2,700 square feet, is currently vacant and ready for immediate occupancy. Situated in Pulaski County, this two-story building offers ample parking with 22 spaces available for patients and staff. The property is zoned for office use, making it ideally suited for a variety of medical practices. The building's layout is flexible and can be adapted to meet the specific needs of a new tenant. Its prime location in Little Rock offers excellent visibility and accessibility, ensuring convenient access for patients and employees. The property is conveniently located at 8028 Cantrell Rd, Little Rock, AR 72227. This is a fantastic opportunity to establish or expand a medical practice in a thriving area. The building's size and parking capacity make it suitable for a range of medical specialties. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy. All 2,700 square feet are available for lease.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 5,398 SF
Lot 0.33 ac (14,375 SF)
APN 43L-066-00-002-00
UPID US05-0374502

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
  • Law Firm

Location

8028 Cantrell Rd Little Rock, AR 72227-2419
Little Rock metro Census 4902 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.26M
CAP Approach CAP
$845k
Comparable Approach Comparable
$952k
Blend (final) Blend
$1.27M

Owner & transaction history

since 2022
Last sale
$1.3M
6 recorded transactions
2022
$1.3M
2022
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
$665,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.0M +68.0%
Medical building $885,000 +48.1%
Retail stores $825,000 +37.7%

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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