Medical Office
4 Office Park, Little Rock, AR 72223
For Sale
$899,000
Commercial / Industrial, Traditional, Little Rock, AR
Property Size4,850 SF
Lot Size0.55 Acres
Price / SF$185.36
Days on Market92
Property Features for 4 Office Park
General Information
Property type
Property subtype
Zoning description
Parking
Interior features
Exterior features
Fencing
Lot features
Directions
Subdivision
Standard status
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
Keller Williams Realty
(501) 907-5959
Listed By:
Cassie Wells · License AR EB00047984
(501) 993-1973
Added: Aug 11
Changed: Nov 9
Last Checked: Nov 10 at 6:06AM
MLS# 26032555
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This medical office property was constructed in 1998 and includes public restrooms, a kitchen area, concrete flooring, and a composition roof. The building is fully fenced, providing a defined perimeter for the site, and the O3 zoning supports its professional office classification.
Located in Little Rock, Arkansas, the property occupies 0.55 acres and is identified at 4 Office Park. Its existing configuration combines practical office improvements with a dedicated medical-office positioning.
Located in Little Rock, Arkansas, the property occupies 0.55 acres and is identified at 4 Office Park. Its existing configuration combines practical office improvements with a dedicated medical-office positioning.
Key Highlights
- O3 zoning for a medical office property
- 0.55‑acre site in Little Rock, AR
- Built in 1998
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,255
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,100
$925.1K
Cap Rate 7%
$660,786
$660.8K
Cap Rate 9%
$513,944
$513.9K
Market Conditions
NOI Build-Up for 4,850 SF
Gross rent
$86.7K $17.88/SF
− Vacancy
−$9.6K −$1.98/SF
EGI
$77.1K $15.90/SF
− OpEx
−$30.8K −$6.36/SF
NOI
$46.3K $9.54/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,100
Cap Rate 7%
$660,786
Cap Rate 9%
$513,944
Alternative Uses
Best Use
Healthcare Medical
$660.8K
$578.2K – $770.9K
NOI $46,255 @ 7.0% cap · market cap 5.15%
Second Best
Office B
$659.7K
$577.2K – $769.6K
NOI $46,178 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$881.1K
$770.9K – $1.03M
NOI $61,674 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,425
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72223, AR
25,465
Population
12,279
Households
2.1
Avg Household Size
41
Median Age
66%
College-Educated
98%
High-School Grad
48.5 sq mi
ZIP Area
525
Density / Sq Mi
$99,063
Median Household Income
$62,227
Median Earnings
$1,242
Median Rent
$435,100
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Little Rock, AR
Properties on Market for Medical Office Space in Little Rock
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Bowman Road Animal Clinic — 1308 Bowman Rd #7, Little Rock, AR 72211
- Cristina Alderson - Bowman Road Animal Clinic — 1308 Bowman Rd #7, Little Rock, AR 72211
- Brooke O'Bryan - Bowman Road Animal Clinic — 1308 Bowman Rd #7, Little Rock, AR 72211
- Craig Schluterman - Bowman Road Animal Clinic — 1308 Bowman Rd #7, Little Rock, AR 72211
Frequently Asked Questions
What type of property is this?
Medical Office Space - O3-zoned medical office property with a kitchen area, public restrooms, and full perimeter fencing.
Where is this medical office space located?
The property is located at 4 Office Park Little Rock, AR.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: O3 zoning for a medical office property; 0.55‑acre site in Little Rock, AR; Built in 1998
