Commercial Land with House
For Sale
$225,000
15110 Arch Street, Little Rock, AR 72206
Commercial land near a high-traffic county state highway, with an existing house built in 1964.
Days on Market912
Property Features for 15110 Arch Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Building Size
1,455 SF
Year Built
1964
Listing Agency:
McDaniel Realty Inc.
(501) 425-7799
Listed By:
Judy Long
(501) 425-7799
Source:
Proeliterealty
Added: Jan 30, 2024
Changed: Jul 29
Last Checked: Jul 29 at 7:51PM
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 McDaniel Realty Inc.
Investment Insights
Based on property information with market context.
Commercial land near a high-traffic county state highway at 15110 Arch Street in Little Rock, AR 72206. The property is almost 6 acres and includes an existing house originally built in 1964.
The existing structure can be converted to a variety of business uses, making the site potentially well-suited for buyers looking for flexible commercial development options along a busy roadway.
Additional details on site improvements and any development specifics are not provided here; buyers should confirm feasibility, approvals, and intended use directly during due diligence.
The existing structure can be converted to a variety of business uses, making the site potentially well-suited for buyers looking for flexible commercial development options along a busy roadway.
Additional details on site improvements and any development specifics are not provided here; buyers should confirm feasibility, approvals, and intended use directly during due diligence.
Key Highlights
- Almost 6 acres of commercial land at 15110 Arch Street, Little Rock, AR 72206
- High‑traffic county state highway frontage
- Existing house on‑site built in 1964
Financial Insights For Office B
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 | $20.8k | $14.28 |
| − Vacancy | −$2.3k | −$1.59 |
| EGI | $18.5k | $12.69 |
| − OpEx | −$4.6k | −$3.17 |
| NOI | $13.9k | $9.52 |
1,455 SF · lease $14.28/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$197.9K
$173.2K – $230.9K
NOI $13,853 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.3K
$231.3K – $308.4K
NOI $18,502 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land near a high-traffic county state highway, with an existing house built in 1964.
Where is this commercial land located?
The property is located at 15110 Arch Street Little Rock, AR.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Almost 6 acres of commercial land at 15110 Arch Street, Little Rock, AR 72206; High‑traffic county state highway frontage; Existing house on‑site built in 1964
