3-Bay Self-Service Car
For Sale
$74,900
12117 MacArthur Dr, North Little Rock, AR 72118
Commercial / Industrial, North Little Rock, AR
Property Size1,375 SF
Lot Size0.33 Acres
Price / SF$54.47
Days on Market330
Property Features for 12117 MacArthur Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
4
Subdivision
Green Acres
Lot features
Level
Directions
Take Morgan exit of I-40. 4 miles south on MacArthur toward NLR. Carwash is on right.
Standard status
Active
Size
1,375 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
Lot 1B Block 0
Tax Annual Amount
1449
Legal Description
Lot 1B Block 0
Building Details
Year built
1970
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Back Porch Realty
(501) 600-7653
Listed By:
Kassi Bell
(501) 882-9626
Added: Nov 10, 2025
Changed: Oct 5
Last Checked: Oct 6 at 2:06AM
MLS# 25044980
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.
The self-service car wash contains three bays within a 1,375-square-foot building. The property occupies 0.33 acres and has concrete flooring and a metal roof. Construction dates to 1970.
Located at 12117 MacArthur Dr in North Little Rock, Arkansas, the property is identified as a car wash facility.
Located at 12117 MacArthur Dr in North Little Rock, Arkansas, the property is identified as a car wash facility.
Key Highlights
- Three‑bay self‑service car wash
- 1,375‑square‑foot building on 0.33 acres
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,044
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,880
$120.9K
Cap Rate 7%
$86,343
$86.3K
Cap Rate 9%
$67,156
$67.2K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$9.1K $6.60/SF
− Vacancy
−$440 −$0.32/SF
EGI
$8.6K $6.28/SF
− OpEx
−$2.6K −$1.88/SF
NOI
$6.0K $4.40/SF
Area
Pulaski County, AR
Vacancy
4.85%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,880
Cap Rate 7%
$86,343
Cap Rate 9%
$67,156
Alternative Uses
Best Use
Specialty Retail
$262.3K
$229.5K – $306.0K
NOI $18,360 @ 7.0% cap · market cap 24.51%
Second Best
Retail
$181.3K
$158.6K – $211.5K
NOI $12,689 @ 7.0% cap · market cap 16.94%
Theoretical Best
—
—
same as Best Use
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
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
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 Retail in South region
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Frequently Asked Questions
What type of property is this?
Self service car wash - Concrete flooring and a metal roof are part of the existing wash facility.
Where is this self service car wash located?
The property is located at 12117 MacArthur Dr North Little Rock, AR.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Three‑bay self‑service car wash; 1,375‑square‑foot building on 0.33 acres; Built in 1970
