Mixed-Use Property with
For Sale
$1,300,000
10024 Hwy 165, North Little Rock, AR 72117
Warehouse, showroom, and residential areas support adaptable business and office configurations.
Property Size10,360 SF
Price / SF$125.48
Days on Market48
Property Features for 10024 Hwy 165
General Information
Standard status
Active
Size
10,360 SF
Additional Details
Fenced Yard
Yes
Amenities
22kw generator
2 instant hot water heaters
Big Maxx heater
surveillance system with 13 cameras/2 monitors
fully fenced with electric gate
custom cabinets
8ft kitchen island
Building Details
Year Built
2018
Listing Agency:
Century 21 Parker & Scroggins Realty - Sheridan
Listed By:
Heather Swain
Source:
Pcsingtolittlerock
Added: Aug 30
Changed: Oct 14
Last Checked: Oct 7 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Parker & Scroggins Realty - Sheridan
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Investment Insights
Based on property information with market context.
This 10,360-square-foot mixed-use property combines a warehouse showroom with dedicated living space. The showroom features 17-foot ceilings, while the residential area encompasses 2,000 square feet with 9-foot ceilings, custom cabinetry, substantial counterspace, and an 8-foot kitchen island. The layout also offers the possibility of converting the designed living area into commercial offices.
Property improvements include a 22kw generator, two instant hot water heaters, a Big Maxx warehouse heater, and a surveillance setup with 13 cameras and 2 monitors. The site is enclosed with fencing and an electric gate, and the roof was replaced in 2024. Built in 2018, the property is located at 10024 Hwy 165 in North Little Rock, Arkansas.
Property improvements include a 22kw generator, two instant hot water heaters, a Big Maxx warehouse heater, and a surveillance setup with 13 cameras and 2 monitors. The site is enclosed with fencing and an electric gate, and the roof was replaced in 2024. Built in 2018, the property is located at 10024 Hwy 165 in North Little Rock, Arkansas.
Key Highlights
- 10,360sqft mixed‑use property with warehouse showroom
- Showroom ceiling height reaches 17ft
- Includes 2,000sqft of living space with 9ft ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,503
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,060
$1.9M
Cap Rate 7%
$1,378,614
$1.4M
Cap Rate 9%
$1,072,256
$1.1M
Market Conditions
NOI Build-Up for 10,360 SF
Gross rent
$167.8K $16.20/SF
− Vacancy
−$13.4K −$1.30/SF
EGI
$154.4K $14.90/SF
− OpEx
−$57.9K −$5.59/SF
NOI
$96.5K $9.32/SF
Area
Pulaski County, AR
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,060
Cap Rate 7%
$1,378,614
Cap Rate 9%
$1,072,256
Alternative Uses
Best Use
Mixed Use
$1.38M
$1.21M – $1.61M
NOI $96,503 @ 7.0% cap · market cap 7.42%
Second Best
Flex RnD
$898.7K
$786.4K – $1.05M
NOI $62,912 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.98M
$1.73M – $2.31M
NOI $138,333 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 72117, AR
13,730
Population
6,691
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
83%
High-School Grad
54.4 sq mi
ZIP Area
252
Density / Sq Mi
$41,670
Median Household Income
$31,903
Median Earnings
$1,125
Median Rent
$125,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Warehouse, showroom, and residential areas support adaptable business and office configurations.
Where is this mixed-use property located?
The property is located at 10024 Hwy 165 North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10,360sqft mixed‑use property with warehouse showroom; Showroom ceiling height reaches 17ft; Includes 2,000sqft of living space with 9ft ceilings
