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    2121 Watt Street, Little Rock, AR 72227

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    Office building with 5,125 square feet available for sale.

    Type:Office
    Property size:
    5,125 SF
    Price / SF:
    $118/SF
    Added:
    Feb 12, 2026
    Days on Market:
    133
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 2121 Watt Street

    General Information

    Standard status
    Active
    Size
    5,125 SF
    Property subtype
    Office

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    Stuart Mackey
    Stuart Mackey

    Listing office Hathaway Group

    Listing date Feb 12, 2026

    Source Crexi

    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 Hathaway Group

    HighLights

    • No property information provided.

    Overview

    This commercial real estate property is an office building available for sale. The building offers 5,125 square feet of space.

    Local 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 $73.2k $14.28
    − Vacancy −$8.1k −$1.59
    EGI $65.1k $12.69
    − OpEx −$16.3k −$3.17
    NOI $48.8k $9.52
    5,125 SF · lease $14.28/SF/yr · vacancy 11.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $697.1K
    $610.0K – $813.3K (±1% cap)
    NOI $48,796 @ 7.0% cap · market cap 8.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $931.0K
    $814.6K – $1.09M (±1% cap)
    NOI $65,171 @ 7.0% cap · market cap 10.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Loft 49 Salon Hair Salon Shelter Insurance - Chad ... Insurance Agency Robby Cole, Benchmark ... Loan Service Benchmark Home Loans Loan Service Green Realty & Associates ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.361319
    Latitude
    34.772338

    FAQs

    What type of property is this?
    Office building - Office building with 5,125 square feet available for sale.
    Where is this office building located?
    The property is located at 2121 Watt Street Little Rock, AR.
    What is the asking price?
    The asking price for this property is $609,500.
    What are key features of this property?
    This property features: No property information provided.
    (501) 663-5400 Call to check price and availability
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