Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    505 Cypress St North Little Rock, AR

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    0.96 acres of land near Simmons Bank Arena.

    Type:LAND
    Lot size:
    0.96 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    162
    Last Refresh:
    Apr 5 at 8:40 pm

    Property Features for 505 Cypress St

    General Information

    Standard status
    Active
    Lot size
    0.96 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Grayson Chilton

    Listing agent Grayson Chilton

    Listing office Ashley Group Commercial Real Estate

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Ashley Group Commercial Real Estate

    Overview

    Land Available Near I-30

    This property features 0.96 acres of land. It is located on N Cypress St, near Simmons Bank Arena, with convenient access to I-30, which has a traffic volume of 109,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    North Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.2632
    Latitude
    34.7585

    Nearby Similar for Lease

    • $440/Mo

      North Little Rock Executive Office

      Private, secure office suites available for lease in North Little
      4801 NorthShore Office 111 Drive, North Little Rock, AR 72118
      View Details
    • $800/Mo

      North Little Rock Executive Office

      Private, secure office suites available for lease in North Little Rock.
      4801 NorthShore Office 116 Drive, North Little Rock, AR 72118
      View Details
    • $4,700/Mo

      Functional Warehouse Space For Lease

      11,000± SF warehouse space in North Little Rock, AR.
      200 N Cedar Street, North Little Rock, AR 72114
      View Details
    • $5,400/Mo

      North Little Rock Flex Space

      Versatile industrial space with convenient access to major transportation routes.
      2222 E Broadway Street, North Little Rock, AR 72114
      View Details
    • $800/Mo

      North Little Rock Executive Office

      Private, secure office suites with utilities included and 24/7 access.
      4801 NorthShore Office 118 Drive, North Little Rock, AR 72118
      View Details
    • $350/Mo

      North Little Rock Executive Suites

      Private office suites for rent in North Little Rock.
      4801 NorthShore Office 202 Drive, North Little Rock, AR 72118
      View Details
    • $5,900/Mo

      Industrial Property with Highway Exposure

      2.83-acre industrial parcel for lease in North Little Rock.
      13300 Long Fisher, North Little Rock, AR 72113
      View Details
    • Contact for pricing

      Industrial Building on 2.22 Acres

      44,864 SF industrial building for sale or lease.
      4500 Rixie Road, North Little Rock, AR 72117
      View Details
    • $3,750/Mo

      North Little Rock Flex Space

      6,300 SF flex space with customization potential for lease.
      2222 E Broadway Street, North Little Rock, AR 72114
      View Details
    • $1,600/Mo

      North Little Rock Office Space

      Office suite with views, amenities, and highway access.
      4801 N Hills Blvd , North Little Rock, AR
      View Details
    • Contact for pricing

      Prime Land for Lease

      2-acre commercial land parcel with high visibility and access.
      4305 Warden Rd, North Little Rock, AR 72116
      View Details
    • Contact for pricing

      Main Street Retail Space Available

      Prime retail space in Argenta Arts District with high visibility.
      321 Main St, North Little Rock, AR 72114
      View Details

    FAQs

    What type of property is this?
    Land - 0.96 acres of land near Simmons Bank Arena.
    Where is this land located?
    The property is located at 505 Cypress St North Little Rock, AR.
    What are key features of this property?
    This property features: 0.96 acres of land available; Located off I‑30; High traffic volume: 109,000 VPD
    (501) 758-7745 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grayson Chilton
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    505 Cypress St, North Little Rock, AR
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!