Cinder Block Automotive Service
4521 Asher Avenue Little Rock, AR 72204
For Sale
$215,000
COMMERCIAL - Little Rock, AR
Property Size4,400 SF
Lot Size0.30 Acres
Price / SF$48.86
Days on Market34
Property Features for 4521 Asher Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
17
Interior features
Public Restrooms, Window Treatments, Ceiling Fans, Video Surveillance
Exterior features
Partially Fenced, Guttering, Dumpster, Overhead Doors, Video Surveillance
Fencing
Partial
Standard status
Active
APN
34L2970005600
Size
4,400 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 12-15, Block 5 REMMEL Sub
Tax Annual Amount
1212
Building Details
Year built
1974
Floors in Building
1
Flooring type
Tile, Vinyl
Roof type
Metal
Architectural style
Other
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
Teresa Burl
(501) 442-0214
Added: Jun 26
Changed: Jul 29
Last Checked: Jul 29 at 5:06PM
MLS# 26026050
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.
Investment Insights
Based on property information with market context.
This for-sale commercial building offers approximately 4,400 square feet of durable cinder block construction and is designed to support a range of automotive and light commercial uses. The property is described as suitable for an automotive repair facility, classic car restoration shop, specialty sales showroom, fleet service operation, or other commercial and industrial uses consistent with the zoning.
Located at 4521 Asher Avenue in Little Rock, the property is positioned along an established automotive corridor and is listed as just minutes from the University of Arkansas at LR. The lot size is approximately 0.3 acres.
The listing notes C-3 zoning, commonly permitting businesses such as automobile sales, automobile repair garages, tire shops, body shops, and warehousing and commercial services. A buyer should confirm specific use eligibility and permitting requirements with the local jurisdiction.
Located at 4521 Asher Avenue in Little Rock, the property is positioned along an established automotive corridor and is listed as just minutes from the University of Arkansas at LR. The lot size is approximately 0.3 acres.
The listing notes C-3 zoning, commonly permitting businesses such as automobile sales, automobile repair garages, tire shops, body shops, and warehousing and commercial services. A buyer should confirm specific use eligibility and permitting requirements with the local jurisdiction.
Key Highlights
- Approximately 4,400 SF cinder block commercial building built in 1974
- Metal roof
- Interior includes public restrooms, ceiling fans, and video surveillance
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 22.95%
Second Best
Industrial
$236.2K
$206.7K – $275.6K
NOI $16,537 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$799.3K
$699.4K – $932.5K
NOI $55,952 @ 7.0% cap · market cap 26.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
Frequently Asked Questions
What type of property is this?
Auto shop - Durable cinder block building for automotive service, restoration, or specialty showroom use under C-3 zoning.
Where is this auto shop located?
The property is located at 4521 Asher Avenue Little Rock, AR.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Approximately 4,400 SF cinder block commercial building built in 1974; Metal roof; Interior includes public restrooms, ceiling fans, and video surveillance
