Industrial Facility with Office
800 North Palm Street North Little Rock, AR 72114
For Sale
$1,305,683
24,791 SF industrial facility with office and warehouse space.
Property Size24,791 SF
Lot Size5.35 Acres
Price / SF$52.67
Days on Market125
Property Features for 800 North Palm Street
General Information
- Standard status
- Active
- Size
- 24,791 SF
- Lot size
- 5.35 Acres
- Property subtype
- Industrial
Listing Agency:
CBRE Fayetteville
(501) 370-2952
Listed By:
William Callahan
(501) 370-2952
Source:
Cbre
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 27 at 5:16AM
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 CBRE Fayetteville
Investment Insights
Based on property information with market context.
This 24,791-square-foot facility includes 13,241 square feet of office space and 11,545 square feet of warehouse space. The building is fully equipped with HVAC. Situated on 5.35 acres, the property formerly served as a Tree of Life Seeds production facility and features partial lab renovations. Zoned I2, the warehouse has a clear height of 16 feet and includes two dock doors, one truck well, and one 10' x 12' drive-in door. The property is located in close proximity to US Hwy 70, I-30, and I-40.
Key Highlights
- 24,791± SF Total Space (Office & Warehouse)
- 5.35± Acres
- 100% HVAC
Financial Insights For Industrial
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 | $163.6k | $6.60 |
| − Vacancy | −$7.9k | −$0.32 |
| EGI | $155.7k | $6.28 |
| − OpEx | −$46.7k | −$1.88 |
| NOI | $109.0k | $4.40 |
24,791 SF · lease $6.60/SF/yr · vacancy 4.85% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.89M
$1.65M – $2.21M
NOI $132,332 @ 7.0% cap · market cap 10.14%
Second Best
Industrial
$1.56M
$1.36M – $1.82M
NOI $108,980 @ 7.0% cap · market cap 8.35%
Theoretical Best
Specialty Retail
$4.73M
$4.14M – $5.52M
NOI $331,024 @ 7.0% cap · market cap 25.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - 24,791 SF industrial facility with office and warehouse space.
Where is this manufacturing property located?
The property is located at 800 North Palm Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,305,683.
What are key features of this property?
This property features: 24,791± SF Total Space (Office & Warehouse); 5.35± Acres; 100% HVAC
