Standalone Medical
For Sale
Contact for pricing
4700 West Markham Street, Little Rock, AR 72205
POD zoning, on-site parking, and existing signage support the property’s commercial setup.
Property Size2,638 SF
Price / SF$165
Days on Market78
Property Features for 4700 West Markham Street
General Information
Standard status
Active
Size
2,638 SF
Property subtype
Office
Zoning
POD
Site & Location
Neighborhood
Save Hillcrest
Building Details
Year Built
1940
Buildings
1
Listing Agency:
Colliers - Little Rock, Arkansas
Listed By:
Claire Huchingson · License #SA00100381
(501) 372-6161
Source:
Crexi
Added: Aug 13
Changed: Oct 25
Last Checked: Oct 28 at 7:11AM
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, Arkansas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone medical office property includes existing signage and on-site parking. The building is designated POD, providing a defined zoning framework for its current commercial office use.
Located at 4700 W Markham St in Little Rock, Arkansas, the property offers street presence along a named urban corridor. Its signage and parking improvements are already in place for continued medical office operations.
Located at 4700 W Markham St in Little Rock, Arkansas, the property offers street presence along a named urban corridor. Its signage and parking improvements are already in place for continued medical office operations.
Key Highlights
- Medical office property at 4700 W Markham St, Little Rock, AR 72205
- POD zoning
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,159
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,180
$503.2K
Cap Rate 7%
$359,414
$359.4K
Cap Rate 9%
$279,544
$279.5K
Market Conditions
NOI Build-Up for 2,638 SF
Gross rent
$47.2K $17.88/SF
− Vacancy
−$5.2K −$1.98/SF
EGI
$41.9K $15.90/SF
− OpEx
−$16.8K −$6.36/SF
NOI
$25.2K $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%
$503,180
Cap Rate 7%
$359,414
Cap Rate 9%
$279,544
Alternative Uses
Best Use
Healthcare Medical
$359.4K
$314.5K – $419.3K
NOI $25,159 @ 7.0% cap · market cap 5.78%
Second Best
Office B
$358.8K
$314.0K – $418.6K
NOI $25,117 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$479.2K
$419.3K – $559.1K
NOI $33,545 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,139
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Dr. Barden Greenfield — 4301 W Markham St, Little Rock, AR 72205
- Pawzitive Perfection LLC — 5300 W Markham St, Little Rock, AR 72205
- Hillcrest Animal Hospital: Erikson Laura E DVM — 2900 Kavanaugh Blvd, Little Rock, AR 72205
- Hillcrest Animal Hospital: Young Jeff DVM — 2900 Kavanaugh Blvd, Little Rock, AR 72205
- Pitner Lindsey DVM — 2900 kavanaugh blvd, little rock, ar 72205
Frequently Asked Questions
What type of property is this?
Medical Office Space - POD zoning, on-site parking, and existing signage support the property’s commercial setup.
Where is this medical office space located?
The property is located at 4700 West Markham Street Little Rock, AR.
What is the asking price?
The asking price for this property is $435,270.
What are key features of this property?
This property features: Medical office property at 4700 W Markham St, Little Rock, AR 72205; POD zoning; On‑site parking
