Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4511 Asher Ave Little Rock, AR 72204

    View on Map
    Sponsored
    For Sale
    $780,000

    Business, Bldg and Land - Little Rock, AR

    Property size:
    7,150 SF
    Lot size:
    0.58 Acres
    Days on Market:
    15
    Last Refresh:
    Mar 13 at 7:06 am

    Property Features for 4511 Asher Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    20
    Size
    7,150 SF
    Lot size
    0.58 Acres

    Utilities

    Heating system
    Central, Natural Gas, Space Heater

    Building Details

    Year built
    1997
    Floors in Building
    1
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Aracely Galan

    Capital Real Estate Advisors (501) 420-4097

    Listing agent Aracely Galan (501) 420-4097

    Listing date Feb 26, 2026

    MLS# 25043257 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Established Mechanic Shop For Sale

    This established 7,150 square foot full-service mechanic shop in Little Rock, AR, presents an investment opportunity. The sale encompasses the business, property, and all equipment. The facility features 6 lifts, a spacious work area, office space, bathrooms, and ample storage. Energy-efficient LED lighting has been installed throughout the building. The property is situated on a 0.58-acre lot. The shop is fully operational and generating income with a loyal customer base. The property's intended use is for automotive services. The Net Operating Income (NOI) is $140,000 with a 17.9% Cap Rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pedro´s Shop LLC Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tisdale Garage, Glen Daniels Transmission Inc, D & C Automotive Repair, Three One Tire of Little Rock, City Tire

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.324732
    Latitude
    34.722844

    Nearby Similar for Sale

    • $499,000
      2,938 SF

      Commercial Building in Little Rock

      Commercial building in a strong retail submarket, Little Rock.
      1425 S University Ave, Little Rock, AR 72204
      View Details
    • Contact for pricing
      4,331 SF

      Renovated Retail Building on University

      4,300+ SF building on 2.25 acres in Little Rock.
      4700 S University Ave, Little Rock, AR 72204
      View Details
    • New
      $599,000
      4,320 SF

      Renovated Apartment Complex, Little Rock

      Fully renovated 8-unit apartment complex with recent infrastructure upgrades.
      9 Meredith Ct, Little Rock, AR 72205
      View Details
    • $1,000,000
      4,331 SF

      Renovated Retail Building on University

      4,300+ SF building on 2.25 acres in Little Rock.
      4700 S University Ave, Little Rock, AR 72204
      View Details
    • $350,000
      2,880 SF

      Commercial Space in SoMa District

      2,880 SF commercial space suitable for retail, office, or industrial.
      415 W 12Th St, Little Rock, AR 72201
      View Details
    • $519,000
      4,750 SF

      Multi-Building Commercial Property, Little Rock

      Three buildings on a large lot with commercial zoning.
      4919 Basline Rd, Little Rock, AR 72209
      View Details
    • $479,000
      5,000 SF

      Little Rock Commercial Building and Land

      Turn-key commercial building in high-traffic area with diverse potential uses.
      1817 S Woodrow St, Little Rock, AR 72204
      View Details
    • $2,000,000
      9,000 SF

      West Little Rock Office Investment

      Two-story office building on a corner lot in Little Rock.
      10901 Financial Centre Pkwy, Little Rock, AR 72211
      View Details
    • $750,000
      4,648 SF

      Partially Rented Investment Opportunity

      8-plex with immediate cash flow and value-add potential.
      215 E 22Nd St, Little Rock, AR 72206
      View Details
    • $799,000
      8,582 SF

      West Central Little Rock Apartments

      Eight-unit apartment building in high-demand Little Rock location.
      1900 Labette Manor Dr, Little Rock, AR 72205
      View Details
    • $500,000
      3,654 SF

      Downtown Little Rock Office Building

      Versatile commercial property with customizable office suites in downtown Little Rock.
      1100 W 2Nd St, Little Rock, AR 72201
      View Details
    • $420,000
      4,488 SF

      Little Rock Fourplex with Upgrades

      Well-maintained fourplex in a desirable location with recent upgrades.
      1809 Reservoir Rd, Little Rock, AR 72227
      View Details

    FAQs

    What type of property is this?
    Auto shop - Turnkey mechanic shop with business, property, and equipment included.
    Where is this auto shop located?
    The property is located at 4511 Asher Ave Little Rock, AR.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: - Turnkey investment: Includes business, property, and all equipment.; - Established mechanic shop with a proven track record and loyal customer base.; - Solid income generation with a $140k NOI and 17.9% Cap.
    (501) 791-4377
    Request Owner's contact information
    4511 Asher Ave Little Rock, AR 72204
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4511 Asher Ave
    Little Rock, AR 72204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4511 Asher Ave Little Rock, AR 72204
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aracely Galan
    (501) 791-4377 (501) 420-4097
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!