Versatile Commercial Space in
For Sale
$350,000
415 W 12th, Little Rock, AR 72201
2,880 SF commercial building suitable for retail, office, or industrial.
Property Size2,880 SF
Price / SF$121.53
Days on Market214
Property Features for 415 W 12th
General Information
Standard status
Active
Size
2,880 SF
Site & Location
Neighborhood
Downtown
Building Details
Year Built
1951
Listing Agency:
Haybar Realty
Listed By:
Ashley Fondren · License #SA00091956
(501) 766-5155
Source:
Pcsingtolittlerock
Added: Mar 26
Changed: Oct 10
Last Checked: Oct 7 at 1:32PM
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 Haybar Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial space offers 2,880 square feet and features a spacious, open floor plan suitable for various business needs. The layout includes several dedicated storage or private office spaces. The property is well-suited for retail, office, or industrial use. It is located in downtown Little Rock, near Sonic, Larry’s Pizza, Starbucks, The Hall, Mosaic Templars Cultural Center, and residential areas.
Key Highlights
- Spacious 2,880 +/- s/f commercial space.
- Versatile open floor plan suitable for retail, office, or industrial use.
- Located in downtown Little.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,612
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,240
$572.2K
Cap Rate 7%
$408,743
$408.7K
Cap Rate 9%
$317,911
$317.9K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$51.5K $17.88/SF
− Vacancy
−$5.7K −$1.98/SF
EGI
$45.8K $15.90/SF
− OpEx
−$17.2K −$5.96/SF
NOI
$28.6K $9.93/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,240
Cap Rate 7%
$408,743
Cap Rate 9%
$317,911
Alternative Uses
Best Use
Mixed Use
$408.7K
$357.7K – $476.9K
NOI $28,612 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,623 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,735
Businesses Nearby
Explore this area
Business Placement
Demographics for 72201, AR
961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - 2,880 SF commercial building suitable for retail, office, or industrial.
Where is this mixed-use property located?
The property is located at 415 W 12th Little Rock, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Spacious 2,880 +/- s/f commercial space.; Versatile open floor plan suitable for retail, office, or industrial use.; Located in downtown Little.
