Three-Building Mixed-Use
For Sale
$475,000
4919 baseline rd, Little Rock, AR 72209
C-3-zoned property combines a residence, versatile gathering space, and metal commercial structure under one ownership.
Property Size4,750 SF
Price / SF$100
Days on Market53
Property Features for 4919 baseline rd
General Information
Standard status
Active
Size
4,750 SF
Property subtype
Commercial / Industrial
Zoning
C-3
Site & Location
Neighborhood
Our
Building Details
Buildings
3
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Cecilia Gomez
(501) 951-0024
Source:
Heilesassociatesrealtors
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 30 at 2:28PM
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 McKimmey Associates REALTORS NLR
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Investment Insights
Based on property information with market context.
This C-3-zoned mixed-use property includes three separate buildings totaling 4,750 square feet across the addresses 4919, 4921, and 4923 Baseline Rd. The first structure is a detached three-bedroom, one-bath residence with tile and wood flooring, central heat, and air conditioning. A second building provides a large open hall with men’s and women’s restrooms, two offices, and a full kitchen, supporting event, fitness, worship, or other commercial functions. The third improvement is a metal building suited to warehouse or storage use.
The property is located in Little Rock, Arkansas, with the full address identified as 4919 Baseline Rd, Little Rock, AR 72209. Its combination of residential space, an expansive assembly-oriented building, and a separate metal structure creates a varied physical layout for commercial and mixed-use operations.
The property is located in Little Rock, Arkansas, with the full address identified as 4919 Baseline Rd, Little Rock, AR 72209. Its combination of residential space, an expansive assembly-oriented building, and a separate metal structure creates a varied physical layout for commercial and mixed-use operations.
Key Highlights
- Three separate buildings totaling 4,750 square feet
- C‑3 zoning across 4919, 4921, and 4923 Baseline Rd
- Detached 3‑bedroom, 1‑bath residence with central heat and air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,678
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,560
$433.6K
Cap Rate 7%
$309,686
$309.7K
Cap Rate 9%
$240,867
$240.9K
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$26.8K $5.64/SF
− Vacancy
−$1.3K −$0.27/SF
EGI
$25.5K $5.37/SF
− OpEx
−$3.8K −$0.81/SF
NOI
$21.7K $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 Rate 5%
$433,560
Cap Rate 7%
$309,686
Cap Rate 9%
$240,867
Alternative Uses
Best Use
Mixed Use
$674.1K
$589.9K – $786.5K
NOI $47,189 @ 7.0% cap · market cap 9.93%
Second Best
Warehouse
$309.7K
$271.0K – $361.3K
NOI $21,678 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$862.9K
$755.0K – $1.01M
NOI $60,402 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-3-zoned property combines a residence, versatile gathering space, and metal commercial structure under one ownership.
Where is this mixed-use property located?
The property is located at 4919 baseline rd Little Rock, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three separate buildings totaling 4,750 square feet; C‑3 zoning across 4919, 4921, and 4923 Baseline Rd; Detached 3‑bedroom, 1‑bath residence with central heat and air
