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    Freestanding Office Building Near UAMS Title is generated by Realmo AI

    4324 W Markham St, Little Rock, AR 72205

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    Claim this Listing
    For Sale
    $480,000

    Freestanding office building leased to UAMS, ideal investment opportunity.

    Type:Office
    Property size:
    2,736 SF
    Price / SF:
    $175/SF
    Added:
    Nov 21, 2025
    Days on Market:
    227
    Last Refresh:
    May 19 at 9:17 pm

    Property Features for 4324 W Markham St

    General Information

    Standard status
    Active
    Size
    2,736 SF
    Property subtype
    Office

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    Brooke Miller
    Brooke Miller

    Listing office Kelley Commercial Partners - Little Rock

    Listing date Nov 21, 2025

    Source Kelleycommercialpartners

    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 Kelley Commercial Partners - Little Rock

    HighLights

    • 100% Leased to UAMS (University of Arkansas for Medical Sciences)
    • Located across the street from UAMS
    • Freestanding ±2,736 SF Building on ±0.14 Acres
    • Dedicated parking lot in the front and back of the building
    • Freestanding office building
    • Corner lot location on W. Markham St and Walnut St

    Overview

    This freestanding office building, encompassing approximately 2,736 square feet, is situated on a ±0.14-acre lot. Located across the street from UAMS, at the corner of W. Markham St and Walnut St, the property features a dedicated parking lot in both the front and back of the building. The property is currently 100% leased to UAMS.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $48.9k $17.88
    − Vacancy −$5.4k −$1.98
    EGI $43.5k $15.90
    − OpEx −$17.4k −$6.36
    NOI $26.1k $9.54
    2,736 SF · lease $17.88/SF/yr · vacancy 11.10% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $372.8K
    $326.2K – $434.9K (±1% cap)
    NOI $26,094 @ 7.0% cap · market cap 5.44%
    Second Best
    Office B
    $372.1K
    $325.6K – $434.2K (±1% cap)
    NOI $26,050 @ 7.0% cap · market cap 5.43%
    Theoretical Best
    Office A
    $497.0K
    $434.9K – $579.9K (±1% cap)
    NOI $34,792 @ 7.0% cap · market cap 7.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    KO Construction Management ... Construction Company

    Suggested Use

    Big Box & Wholesale Store Computer & Electronic Repair Electrical Service Building Supply Acupuncture Tech Support Center Carpet & Flooring Store Grocery & Convenience Store Barber Shop Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3215
    Latitude
    34.7519

    FAQs

    What type of property is this?
    Office building - Freestanding office building leased to UAMS, ideal investment opportunity.
    Where is this office building located?
    The property is located at 4324 W Markham St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 100% Leased to UAMS (University of Arkansas for Medical Sciences); Located across the street from UAMS; Freestanding ±2,736 SF Building on ±0.14 Acres
    More about this property
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