Traditional

8424 Kanis Road

Little Rock, AR 72204

MLS#: 26036169

$797,000

Status: Active
Listing number: 26036169
Listing provided by: Crye-Leike REALTORS Maumelle
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
Browse Properties
Michaels - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1943

Sq.Footage

1,765

Rare investment and owner-user opportunity on highly visible Kanis Road! This .27-acre commercial property offers 1,765 SF, 18,000+ vehicles per day traffic and an established telecommunications site generating approximately $1,572/month in current income. Building tenant is month-to-month at $1,000/month, with current rent reflecting consideration for owner-approved improvements. Solid structure with value-add potential for renovation, increased rental income or future owner occupancy. Located in Little Rock’s established medical/commercial corridor near Baptist Health and convenient to I-630. Two existing income streams plus excellent visibility, access and long-term upside make this a unique commercial offering. UNIQUE TELECOM VALUE COMPONENT Existing telecom income with scheduled lease economics through the remaining term. Subject to the lease terms and owner compliance, the existing communications tower is to become property of the landowner upon termination of the telecom lease. Potential additional carrier colocation capacity may provide future upside; capacity, approvals and revenue rights to be independently verified.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric, Central Air

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Frame

  • Parking

    Paved

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, Level, Near Public Transit

  • Lot Size(acres)

    0.27

  • Property Type

    Commercial Sale

  • Architectural Style

    Traditional

Price

  • Sales Price

    $797,000

  • Tax Amount

    $1,352

  • Sq. Footage

    1,765

  • Price/SqFt

    $451

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Common Area

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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Listing Courtesy of Vicki Biggs, Crye-Leike REALTORS Maumelle

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Agent Mikki Dennis

Broker / Owner / REALTOR®

Mikki Dennis

Call Mikki today to schedule a private showing.

(479) 264-7433

mikki.dennis@gmail.com


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Rare investment and owner-user opportunity on highly visible Kanis Road! This .27-acre commercial property offers 1,765 SF, 18,000+ vehicles per day traffic and an established telecommunications site generating approximately $1,572/month in current income. Building tenant is month-to-month at $1,000/month, with current rent reflecting consideration for owner-approved improvements. Solid structure with value-add potential for renovation, increased rental income or future owner occupancy. Located in Little Rock’s established medical/commercial corridor near Baptist Health and convenient to I-630. Two existing income streams plus excellent visibility, access and long-term upside make this a unique commercial offering. UNIQUE TELECOM VALUE COMPONENT Existing telecom income with scheduled lease economics through the remaining term. Subject to the lease terms and owner compliance, the existing communications tower is to become property of the landowner upon termination of the telecom lease. Potential additional carrier colocation capacity may provide future upside; capacity, approvals and revenue rights to be independently verified.

8424 Kanis Road

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