Updated Office
For Sale
$145,000
21800 Arch St, Little Rock, AR 72206
Commercial / Industrial, Little Rock, AR
Property Size760 SF
Lot Size0.50 Acres
Price / SF$190.79
Days on Market65
Property Features for 21800 Arch St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Lot features
Level
Directions
Right off Arch Street. Across from East End Elementary School.
Subdivision
SHERIDAN SCHOOLS (SALINE COUNTY)
Standard status
Active
Size
760 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
Metes and Bounds
Tax Annual Amount
620
Legal Description
Metes and Bounds
Building Details
Year built
1980
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
Truman Ball Real Estate
(501) 847-4900
Listed By:
Buffie Howard
(501) 529-2543
Added: Aug 4
Changed: Aug 19
Last Checked: Oct 7 at 3:06AM
MLS# 26031828
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office building provides 760 square feet of workspace on a 0.5-acre lot. The interior has been updated and includes vinyl flooring, while the surrounding land offers additional outdoor area associated with the property. Built in 1980, the building is located at 21800 Arch St in Little Rock, Arkansas.
Key Highlights
- 760 SF office building
- 0.5‑acre lot
- Updated interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,236
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,720
$144.7K
Cap Rate 7%
$103,371
$103.4K
Cap Rate 9%
$80,400
$80.4K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$10.9K $14.28/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$9.6K $12.69/SF
− OpEx
−$2.4K −$3.17/SF
NOI
$7.2K $9.52/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,720
Cap Rate 7%
$103,371
Cap Rate 9%
$80,400
Alternative Uses
Best Use
Office B
$103.4K
$90.5K – $120.6K
NOI $7,236 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$138.1K
$120.8K – $161.1K
NOI $9,664 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Updated office space with vinyl flooring and additional grounds for business use.
Where is this office building located?
The property is located at 21800 Arch St Little Rock, AR.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 760 SF office building; 0.5‑acre lot; Updated interior
