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Automotive Retail Property
For Sale
$175,000

4915 Macarthur Dr, North Little Rock, AR 72118

COMMERCIAL - North Little Rock, AR

Property Size2,160 SF
Lot Size0.35 Acres
Price / SF$81.02
Days on Market918

Property Features for 4915 Macarthur Dr

General Information

Property type Commercial Sale
Property subtype Other
Parking 10
Subdivision Rea View
Lot features Level
Directions From I-40W, take exit 152B toward Pike Avenue, left on AR-365/MacArthur Drive.
Standard status Active
APN 33N1080000500
Size 2,160 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Lot 5R
Tax Annual Amount 1250
Legal Description Lot 5R

Building Details

Year built 1978
Floors in Building 1
Flooring type Vinyl
Roof type Tar/Gravel
Architectural style Other
Listing Agency: RGB Appraisals & Realty
Listed By: Mischelle Cullum
Added: Jan 25, 2024 Changed: Jul 27 Last Checked: Jul 31 at 2:06PM
MLS# 24002421

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 offering includes buildings and land only, presented for sale at 4915 Macarthur Dr in North Little Rock, Arkansas. The property is listed with a total size of 2,160 square feet and sits on 0.35 acres.

For all inquiries, contact the listing office, as the public remarks specify that buildings and land are included and that additional details are available directly through the listing team.

Key Highlights

  • Buildings and land only; call listing office for all inquiries
  • Year built: 1978
  • Vinyl flooring

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 $14.3k $6.60
− Vacancy −$691 −$0.32
EGI $13.6k $6.28
− OpEx −$4.1k −$1.88
NOI $9.5k $4.40
2,160 SF · lease $6.60/SF/yr · vacancy 4.85% · expense 30.00%

Alternative Uses

Best Use
Retail
$284.8K
$249.2K – $332.2K (±1% cap)
NOI $19,934 @ 7.0% cap · market cap 11.39%
Second Best
Industrial
$135.6K
$118.7K – $158.3K (±1% cap)
NOI $9,495 @ 7.0% cap · market cap 5.43%
Theoretical Best
Specialty Retail
$412.0K
$360.5K – $480.7K (±1% cap)
NOI $28,842 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

iRemodel Properties, LLC Real Estate Agency MacArthur House Buyers Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Spa & Massage Center Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 43%
McDonald's Dining
15,272 visits/mo 0.1 miles
Valero Energy Shops & Services
10,999 visits/mo 0.1 miles
U-Haul Shops & Services
664 visits/mo 0.0 miles

Demographics for 72118, AR

22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Target Torque Converters — 2114 W 38th St, North Little Rock, AR 72118
  • Paint & Body Shop — North Little Rock, AR 72118
  • Kirk's Automotive — 1507 W 38th St, North Little Rock, AR 72118
  • The Cash Car Guy — 3719 Harold St, North Little Rock, AR 72118
  • Phillips Brothers Towing — 3717 Harold St, North Little Rock, AR 72118

Frequently Asked Questions

What type of property is this?
Auto shop - Buildings and land are offered for sale at 4915 Macarthur Dr in North Little Rock, AR 72118.
Where is this auto shop located?
The property is located at 4915 Macarthur Dr North Little Rock, AR.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Buildings and land only; call listing office for all inquiries; Year built: 1978; Vinyl flooring
More about this property
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