Updated Office
For Sale
$145,000
21800 Arch St, Little Rock, AR 72206
Updated office space on a half-acre site with room for additional business activity.
Property Size760 SF
Lot Size0.50 Acres
Price / SF$190.79
Days on Market85
Property Features for 21800 Arch St
General Information
Standard status
Active
Size
760 SF
Lot size
0.50 Acres
Property subtype
Commercial / Industrial
Listing Agency:
Truman Ball Real Estate
(501) 847-4900
Listed By:
Buffie Howard
(501) 529-2543
Source:
Heilesassociatesrealtors
Added: Jul 21
Changed: Sep 14
Last Checked: Oct 12 at 7:37PM
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 760 SF office property, built in 1980, provides a dedicated commercial setting on a half-acre lot. The interior is described as fully updated, offering an established office environment for an owner-user or business operation.
Located at 21800 Arch St in Little Rock, Arkansas, the property includes expansive grounds that can accommodate additional business activity. The available outdoor area may support a food truck rental arrangement or future expansion of the business footprint, subject to applicable approvals. The site can serve as a corporate office or a flexible commercial property with room for more than one use.
Located at 21800 Arch St in Little Rock, Arkansas, the property includes expansive grounds that can accommodate additional business activity. The available outdoor area may support a food truck rental arrangement or future expansion of the business footprint, subject to applicable approvals. The site can serve as a corporate office or a flexible commercial property with room for more than one use.
Key Highlights
- 760 SF office property
- Half‑acre lot with expansive grounds
- Fully updated office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,236
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,720
$144.7K
Cap Rate 7%
$103,371
$103.4K
Cap Rate 9%
$80,400
$80.4K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$10.9K $14.28/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$9.6K $12.69/SF
− OpEx
−$2.4K −$3.17/SF
NOI
$7.2K $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%
$144,720
Cap Rate 7%
$103,371
Cap Rate 9%
$80,400
Alternative Uses
Best Use
Office B
$103.4K
$90.5K – $120.6K
NOI $7,236 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$138.1K
$120.8K – $161.1K
NOI $9,664 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
65
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Updated office space on a half-acre site with room for additional business activity.
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 $145,000.
What are key features of this property?
This property features: 760 SF office property; Half‑acre lot with expansive grounds; Fully updated office space
