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Office Suite with Shared Amenities
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14 Office Park Drive #100A, Little Rock, AR 72211

The suite includes access to shared common areas and restrooms within a full-service office building.

Property Size600 SF
Price / SF$1.83
Days on Market146

Property Features for 14 Office Park Drive #100A

General Information

Standard status Active
Size 600 SF
Total Parking Spaces 4
Property subtype Commercial
Zoning Central Business

Additional Details

Condition Move-in Ready
Highway Access Yes
Office Units 1
Property Use Office

Amenities

common areas
shared restrooms
Janitor Services
Smoke Detector
Dumpster
Guttering
Landscaping
Pole Sign

Building Details

Building Size 600 SF
Year Built 1982
Stories 1
Tenancy Multi
Listing Agency: Arkbest Realty, Inc.
Listed By: Nathan Hutchins · License ##PB00063530
Source: Carolynrussellrealestate
Added: Jun 12 Changed: Nov 3 Last Checked: Nov 3 at 7:45PM

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 Arkbest Realty, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 600-square-foot office suite is part of a full-service office building constructed in 1982. Shared common areas and restrooms serve the suite, and on-site parking accommodates tenants and visitors. The property is zoned Central Business.

In West Little Rock, the office is minutes from I-630 and I-430, with restaurants, retail, and other amenities nearby.

Key Highlights

  • 600‑square‑foot office suite
  • Full‑service office building constructed in 1982
  • Shared common areas and restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,713
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,260 $114.3K
Cap Rate 7%
$81,614 $81.6K
Cap Rate 9%
$63,478 $63.5K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$8.6K $14.28/SF
− Vacancy
−$951 −$1.59/SF
EGI
$7.6K $12.69/SF
− OpEx
−$1.9K −$3.17/SF
NOI
$5.7K $9.52/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,260
Cap Rate 7%
$81,614
Cap Rate 9%
$63,478

Alternative Uses

Best Use
Office B
$81.6K
$71.4K – $95.2K (±1% cap)
NOI $5,713 @ 7.0% cap · market cap 519.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$109.0K
$95.4K – $127.2K (±1% cap)
NOI $7,630 @ 7.0% cap · market cap 693.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Arkansas CAMA Technology ... Real Estate Agency Executive Recruiters Agency Employment Agency Walker & Hickey Law Firm Caton Consulting LLC Consultant Visiting Angels Geriatric Care Provider

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Food Market Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,425
Businesses Nearby

Demographics for 72211, AR

24,338
Population
12,009
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
97%
High-School Grad
8.3 sq mi
ZIP Area
2,932
Density / Sq Mi
$80,808
Median Household Income
$53,527
Median Earnings
$1,142
Median Rent
$257,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes access to shared common areas and restrooms within a full-service office building.
Where is this office unit located?
The property is located at 14 Office Park Drive #100A Little Rock, AR.
What are key features of this property?
This property features: 600‑square‑foot office suite; Full‑service office building constructed in 1982; Shared common areas and restrooms
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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