Office Building with Conference
For Sale
$899,900
2300 Main St, North Little Rock, AR 72114
Five enclosed offices, a large shared work area, kitchen, conference room, and separate men’s and women’s restrooms support office layouts.
Property Size3,465 SF
Price / SF$259.71
Days on Market81
Property Features for 2300 Main St
General Information
Standard status
Active
Size
3,465 SF
Additional Details
Furnished
No
Highway Access
Yes
Amenities
5 closed door offices
great room
conference room
full kitchen with island
bathrooms
Building Details
Year Built
1984
Listing Agency:
IRealty Arkansas - LR
Listed By:
David Smith
(501) 551-1119
Source:
Pcsingtolittlerock
Added: Jul 28
Changed: Oct 9
Last Checked: Oct 16 at 11:59AM
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 IRealty Arkansas - LR
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Investment Insights
Based on property information with market context.
The 3,465-square-foot office building contains five enclosed offices, a large open room for staff workstations or customer use, and a dedicated conference room. Interior amenities include a full kitchen with an island and separate men’s and women’s restrooms, each with two stalls. Office furniture and equipment are excluded from the sale.
Located at 2300 Main St in North Little Rock, the property offers proximity to highway access and several hotels. Constructed in 1984, the building provides a defined office configuration with both private and shared work areas.
Located at 2300 Main St in North Little Rock, the property offers proximity to highway access and several hotels. Constructed in 1984, the building provides a defined office configuration with both private and shared work areas.
Key Highlights
- 3,465 SF office building at 2300 Main St, North Little Rock, AR 72114
- Five closed‑door offices plus a large open room
- Large conference room for meetings and shared use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,979
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,580
$579.6K
Cap Rate 7%
$413,986
$414.0K
Cap Rate 9%
$321,989
$322.0K
Market Conditions
NOI Build-Up for 3,465 SF
Gross rent
$43.7K $12.60/SF
− Vacancy
−$5.0K −$1.45/SF
EGI
$38.6K $11.15/SF
− OpEx
−$9.7K −$2.79/SF
NOI
$29.0K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,580
Cap Rate 7%
$413,986
Cap Rate 9%
$321,989
Alternative Uses
Best Use
Office B
$414.0K
$362.2K – $483.0K
NOI $28,979 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 72114, AR
10,957
Population
6,733
Households
1.6
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
7.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$28,594
Median Household Income
$27,564
Median Earnings
$781
Median Rent
$87,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Five enclosed offices, a large shared work area, kitchen, conference room, and separate men’s and women’s restrooms support office layouts.
Where is this office building located?
The property is located at 2300 Main St North Little Rock, AR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 3,465 SF office building at 2300 Main St, North Little Rock, AR 72114; Five closed‑door offices plus a large open room; Large conference room for meetings and shared use
