Warehouse with Two Drive-In
For Sale
Contact for pricing
4501 W 61st St, Little Rock, AR 72209
Warehouse facility with a brand-new office, fully fenced yard, and I-2 zoning near I-30 access.
Property Size9,254 SF
Lot Size0.31 Acres
Price / SF$70.24
Days on Market193
Property Features for 4501 W 61st St
General Information
Standard status
Active
Size
9,254 SF
Lot size
0.31 Acres
Property subtype
INDUSTRIAL
Zoning
I-2
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
8,165 SF
Office Build-Out
1,089 SF
Drive-In Doors
2
Amenities
breakroom
Building Details
Building Size
9,254 SF
Listing Agency:
Colliers - Little Rock
(501) 372-6161
Listed By:
Andrew Wiechern · License #SA00047148
Source:
Moodyscre
Added: Jan 30
Changed: Aug 8
Last Checked: Aug 10 at 11:31AM
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 Colliers - Little Rock
Investment Insights
Based on property information with market context.
This warehouse property totals 9,254 SF, with 8,165 SF designated as warehouse space and 1,089 SF dedicated to office use. The office is brand new and includes four private offices, a lobby, a breakroom, and two restrooms, providing a functional layout for day-to-day operations and tenant administration. The building also features two drive-in doors for straightforward loading and receiving.
An outdoor component adds flexibility for storage and operations, with 0.31 acres of fully fenced yard. The property is zoned I-2 and is approximately two miles to access to I-30.
Overall, the combination of warehouse space, a purpose-built office, and drive-in access supports common industrial and distribution uses where both work space and loading capability are important.
An outdoor component adds flexibility for storage and operations, with 0.31 acres of fully fenced yard. The property is zoned I-2 and is approximately two miles to access to I-30.
Overall, the combination of warehouse space, a purpose-built office, and drive-in access supports common industrial and distribution uses where both work space and loading capability are important.
Key Highlights
- Zoned I‑2
- Total building size: 9,254 SF (8,165 SF warehouse, 1,089 SF office)
- Brand‑new office with four private offices, lobby, breakroom, and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,234
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$844,680
$844.7K
Cap Rate 7%
$603,343
$603.3K
Cap Rate 9%
$469,267
$469.3K
Market Conditions
NOI Build-Up for 9,254 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.2K $5.64/SF
− Vacancy
−$2.5K −$0.27/SF
EGI
$49.7K $5.37/SF
− OpEx
−$7.5K −$0.81/SF
NOI
$42.2K $4.56/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$844,680
Cap Rate 7%
$603,343
Cap Rate 9%
$469,267
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,109 @ 7.0% cap · market cap 13.56%
Second Best
Warehouse
$603.3K
$527.9K – $703.9K
NOI $42,234 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,676 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72209, AR
31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility with a brand-new office, fully fenced yard, and I-2 zoning near I-30 access.
Where is this warehouse located?
The property is located at 4501 W 61st St Little Rock, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Zoned I‑2; Total building size: 9,254 SF (8,165 SF warehouse, 1,089 SF office); Brand‑new office with four private offices, lobby, breakroom, and 2 restrooms
