Office Building for
For Sale
$419,000
3125 John F Kennedy Boulevard, North Little Rock, AR 72116
Office building available for sale on John F Kennedy Boulevard in Pulaski County.
Property Size2,535 SF
Price / SF$165.29
Days on Market153
Property Features for 3125 John F Kennedy Boulevard
General Information
Standard status
Active
Size
2,535 SF
Property subtype
Commercial / Industrial
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Marilyn McKimmey
(501) 960-8507
Source:
Arprorealty
Added: Jun 5
Changed: Oct 25
Last Checked: Nov 3 at 7:03AM
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 McKimmey Associates REALTORS NLR
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale office building is located at 3125 John F Kennedy Boulevard. The property is categorized as an office building and commercial real estate asset.
From John F Kennedy Boulevard, heading south, the property is positioned on the right side of the roadway. It is in Pulaski County.
If you are looking for a straightforward office building option along John F Kennedy Boulevard, this property is ready for review and consideration by qualified buyers and their representatives.
From John F Kennedy Boulevard, heading south, the property is positioned on the right side of the roadway. It is in Pulaski County.
If you are looking for a straightforward office building option along John F Kennedy Boulevard, this property is ready for review and consideration by qualified buyers and their representatives.
Key Highlights
- Office building for sale on John F Kennedy Boulevard in Pulaski County (Pulaski).
- Year built: 1944.
- Central air conditioning with electric system.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,201
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,020
$424.0K
Cap Rate 7%
$302,871
$302.9K
Cap Rate 9%
$235,567
$235.6K
Market Conditions
NOI Build-Up for 2,535 SF
Gross rent
$31.9K $12.60/SF
− Vacancy
−$3.7K −$1.45/SF
EGI
$28.3K $11.15/SF
− OpEx
−$7.1K −$2.79/SF
NOI
$21.2K $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%
$424,020
Cap Rate 7%
$302,871
Cap Rate 9%
$235,567
Alternative Uses
Best Use
Office B
$302.9K
$265.0K – $353.4K
NOI $21,201 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$483.6K
$423.1K – $564.2K
NOI $33,849 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 72116, AR
21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building available for sale on John F Kennedy Boulevard in Pulaski County.
Where is this office building located?
The property is located at 3125 John F Kennedy Boulevard North Little Rock, AR.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Office building for sale on John F Kennedy Boulevard in Pulaski County (Pulaski).; Year built: 1944.; Central air conditioning with electric system.
