Automotive Service and Showroom
4521 Asher Ave Little Rock, AR 72204
For Sale
$235,000
Durable cinder block commercial building designed for automotive and related uses under C-3 zoning.
Property Size4,400 SF
Price / SF$53.41
Days on Market31
Property Features for 4521 Asher Ave
General Information
- Standard status
- Active
- Size
- 4,400 SF
Listing Agency:
Michele Phillips & Co. Realtors
(501) 442-0214
Listed By:
Teresa Burl
(501) 442-0214
Source:
Exprealty
Added: Jun 27
Changed: Jul 26
Last Checked: Jul 26 at 3:42AM
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 Michele Phillips & Co. Realtors
Investment Insights
Based on property information with market context.
This for-sale commercial property includes approximately 4,400 square feet of durable cinder block construction. The building is described as versatile and suited for automotive repair, classic car restoration, specialty sales showroom use, or fleet service operations, with the flexibility to support a variety of commercial and industrial uses.
The property is located at 4521 Asher Ave in Little Rock and is positioned on an established automotive corridor, just minutes from the University of Arkansas at LR. The listing indicates C-3 zoning, which commonly permits uses such as automobile sales, automobile repair garages, tire shops, body shops, and warehousing and commercial services.
If you’re looking for a multi-use automotive-oriented facility, this building’s construction and zoning framework align with a broad range of vehicle and commercial service applications.
The property is located at 4521 Asher Ave in Little Rock and is positioned on an established automotive corridor, just minutes from the University of Arkansas at LR. The listing indicates C-3 zoning, which commonly permits uses such as automobile sales, automobile repair garages, tire shops, body shops, and warehousing and commercial services.
If you’re looking for a multi-use automotive-oriented facility, this building’s construction and zoning framework align with a broad range of vehicle and commercial service applications.
Key Highlights
- Approximately 4,400 SF cinder block commercial building at 4521 Asher Avenue in Little Rock
- Designed for automotive and related uses, including automotive repair, classic car restoration, and fleet service operations
- C‑3 zoning supports uses such as automobile sales, automobile repair garages, tire shops, and body shops
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.8k | $5.64 |
| − Vacancy | −$1.2k | −$0.27 |
| EGI | $23.6k | $5.37 |
| − OpEx | −$7.1k | −$1.61 |
| NOI | $16.5k | $3.76 |
4,400 SF · lease $5.64/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$704.8K
$616.7K – $822.2K
NOI $49,334 @ 7.0% cap · market cap 20.99%
Second Best
Industrial
$236.2K
$206.7K – $275.6K
NOI $16,537 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$799.3K
$699.4K – $932.5K
NOI $55,952 @ 7.0% cap · market cap 23.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Get Fatt
Restaurant
Supreme Auto Sales ...
Auto Repair Shop
Similar Off Market Nearby
- Don Vining Quik-Lube #1 — 5620 Asher Ave, Little Rock, AR 72204
- A Plus Lube & Tires — 5419 Asher Ave, Little Rock, AR 72204
- Tisdale Garage — 3501 Mabelvale Pike, Little Rock, AR 72204
- Chrome City Custom Wheels LLC — 5601 Asher Ave, Little Rock, AR 72204
- Glen Daniels Transmission Inc — 3611 Mabelvale Pike, Little Rock, AR 72204
FAQs
What type of property is this?
Auto shop - Durable cinder block commercial building designed for automotive and related uses under C-3 zoning.
Where is this auto shop located?
The property is located at 4521 Asher Ave Little Rock, AR.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Approximately 4,400 SF cinder block commercial building at 4521 Asher Avenue in Little Rock; Designed for automotive and related uses, including automotive repair, classic car restoration, and fleet service operations; C‑3 zoning supports uses such as automobile sales, automobile repair garages, tire shops, and body shops
