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As-Is Office or Business Property
For Sale
$300,000

21413 Arch Street, Little Rock, AR 72206

Commercial property with a cedar house, septic tank, and utilities on site, sold as-is.

Days on Market36

Property Features for 21413 Arch Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Building Size 1,327 SF
Year Built 1984
Listing Agency: McDaniel Realty Inc.
Listed By: Judy Long
Source: Jcthornton
Added: Jun 25 Changed: Jul 27 Last Checked: Jul 29 at 12:49PM

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.

This for-sale commercial property includes a cedar house and is being sold as-is. The offering is described as a “level” commercial space that can be used as an office or for any type of business, subject to applicable requirements. The site includes a septic tank, and utilities are reported as on the property.

The property is located at 21413 Arch Street in Little Rock, Arkansas (72206).

Prospective buyers should plan to evaluate the condition of the existing improvements, since the property is sold in its current as-is state.

Key Highlights

  • Commercial property with a cedar house built in 1984
  • Cedar house is offered sold as‑is
  • Septic tank on site

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 $18.9k $14.28
− Vacancy −$2.1k −$1.59
EGI $16.8k $12.69
− OpEx −$4.2k −$3.17
NOI $12.6k $9.52
1,327 SF · lease $14.28/SF/yr · vacancy 11.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$180.5K
$157.9K – $210.6K (±1% cap)
NOI $12,635 @ 7.0% cap · market cap 4.21%
Second Best
no second resolved use
Theoretical Best
Office A
$241.1K
$210.9K – $281.2K (±1% cap)
NOI $16,874 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Pharmacy Electrical Service Auto Parts 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial property with a cedar house, septic tank, and utilities on site, sold as-is.
Where is this office building located?
The property is located at 21413 Arch Street Little Rock, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Commercial property with a cedar house built in 1984; Cedar house is offered sold as‑is; Septic tank on site
More about this property
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