Updated Office Space on Large
21800 Arch St Little Rock, AR 72206
21800 Arch St, Little Rock, AR, 72206
$160,000
For Sale
$160,000
Fully updated office space on a half-acre lot with room for an office and potential food-truck area.
Property Size760 SF
Lot Size0.50 Acres
Price / SF$210.53
Days on Market125
Property Features for 21800 Arch St
General Information
- Standard status
- Active
- Size
- 760 SF
- Lot size
- 0.50 Acres
Listing agency
Truman Ball Real Estate
(501) 529-2543
Listed by
Buffie Howard
(501) 529-2543
Source
Exprealty
Added: Mar 20 Updated: Jul 21 at 11:54PM Checked: Jul 22 at 11:03AM
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 Truman Ball Real Estate
Investment Insights
Based on property information with market context.
This fully updated office space offers a professional work environment on a half-acre lot. The property is configured with room for office use, and the expansive grounds provide flexibility for additional ventures, including space that could accommodate a food truck rental.
Located at 21800 Arch St in the East End area of Little Rock, the site combines a dedicated office setting with a larger outdoor footprint for flexible use.
If you’re looking for an owner-occupied office or a versatile property with room to adapt, this offering is worth a closer look.
Located at 21800 Arch St in the East End area of Little Rock, the site combines a dedicated office setting with a larger outdoor footprint for flexible use.
If you’re looking for an owner-occupied office or a versatile property with room to adapt, this offering is worth a closer look.
Key Highlights
- Fully updated office space on a half‑acre lot
- Room for an office within the existing office space
- Expansive grounds with space that could be used for a food truck rental area
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 | $10.9k | $14.28 |
| − Vacancy | −$1.2k | −$1.59 |
| EGI | $9.6k | $12.69 |
| − OpEx | −$2.4k | −$3.17 |
| NOI | $7.2k | $9.52 |
760 SF · lease $14.28/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$103.4K
$90.5K – $120.6K
NOI $7,236 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$138.1K
$120.8K – $161.1K
NOI $9,664 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Fully updated office space on a half-acre lot with room for an office and potential food-truck area.
Where is this office building located?
The property is located at 21800 Arch St Little Rock, AR.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Fully updated office space on a half‑acre lot; Room for an office within the existing office space; Expansive grounds with space that could be used for a food truck rental area
