8501 Colonel Glenn Rd Little Rock, AR 72204-8230
- Day care centers
- 3,983 SF
- 0.34 lot acres
Current Use by Public Records
- Kids R Kids / Day Care Center
- StartVim by Dr. Ryan / Walk-In Clinic
Property Details for 8501 Colonel Glenn Rd
- Year built
- 1963
- Lot size
- 0.34 lot acres
- Property size
- 3,983 SF
- Property type
- Day care centers
- APN
- 44L-149-00-140-00
- APU
- 44L1490014000
Description
This exceptional commercial property, located at 8501 Colonel Glenn Road in Little Rock, Arkansas, presents a remarkable investment opportunity. Priced at $300,000, this C1-zoned building offers a wealth of possibilities for a variety of businesses or uses. Significant improvements have already been made, enhancing its value and appeal. The property boasts a completely refreshed exterior and interior, featuring brand new paint throughout. New flooring has been installed, and the plumbing system has been updated. The HVAC systems are newer, ensuring efficient climate control, and a durable metal roof provides long-term protection. The interior layout is versatile, encompassing both large open areas ideal for collaborative workspaces and smaller, private offices for focused work. The building includes two dedicated restrooms, a men's and women's facility, plus two additional bathrooms, and a functional kitchen. This combination of features makes it suitable for a wide range of uses, including office spaces, religious organizations, or other commercial ventures. Its location in Pulaski County, Arkansas, with a zip code of 72204, provides convenient access to Little Rock's amenities and infrastructure. This is a turnkey opportunity for an astute investor seeking a well-maintained, adaptable commercial space with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $200,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $170,000
- Mixed-Use
- $190,000
- Hospitality
- $205,000
- Educational
- $165,000
- Residential Income
- $220,000
- Energy
- $165,000
- Income-Based Land
- $195,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3707
- Latitude
- 34.7103
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
