1104 S Pine St
Cabot, AR 72023
Retail Property For Sale

One of a kind Office/Professional Building in Cabot, AR listed well below market! Huge potential for an owner/user or individual investor. This 4386 SF property was constructed in 1998 and offers 75.8' frontage along Hwy 89/S, also known as South Pine Street. South Pine Street is a main north-south arterial street in the community. The full spectrum of potential commercial improvements can be found along Pine Street, including free-standing and strip retail, office, food service, convenience stores, branch banks, and even educational improvements. Because this area was predominantly residential in nature prior to the area’s significant growth, single-family residential improvements are also present. The location is zoned C-2, General Commercial District, which allows for a broad range of retail uses. This property is located in the heart of Cabot, surrounded by 9,516 homes in a 3 mile radius. Estimated traffic counts have increased in the last 24 months from 14,000 to 17,000 vehicles per day (VPD). Cabot has a population of 23,776 and is a suburb of Little Rock, AR located 25 miles to the northeast of the State’s capital. Cabot is one of the 6th fastest growing cities in the state of Arkansas and has the 7th largest school district in the state. This is evidenced by the fact Cabot School District has seen a 17.23% increase in enrollment since 2007. Another indicator of Cabot’s growth has been the increase in City Sales Tax, up over 4% in 2015. Cabot also has the third highest median income per household in the entire State of Arkansas, higher than surrounding cities including: Jacksonville, Searcy, Conway and Little Rock. Cabot was also ranked as the second safest large city in Arkansas, according to a 2014 FBI report. Cabot is included in the central business district of Little Rock/NLR and benefits from LRAFB, home of the largest C-130 aircraft fleet in the world. Call for more information! An Appraisal completed in 2014 is available upon request. SALE PRICE: $675,000 OFFERED THROUGH: CBI Central Arkansas Shep Campbell & Andrew Graham (501) 580-7382 andrew.graham@cbiteam.com