Mixed-Use Property With Three
For Sale
$475,000
4919 baseline rd, Little Rock, AR 72209
Commercial / Industrial, Little Rock, AR
Property Size4,750 SF
Lot Size1.00 Acre
Price / SF$100
Days on Market183
Property Features for 4919 baseline rd
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Exterior features
Fully Fenced, Storage Building, Outside Storage Area, Guttering, Pole Sign
Fencing
Full
Subdivision
Sunset Acres
Directions
Starting from I-630 E, Take exit 139A-139B to merge onto I-30 W toward Texarkana go for 3mi, Take exit 134 Scott Hamilton Dr/Stanton Rd, Turn left onto Scott Hamilton Dr, go 0.9mi and Turn right onto Baseline Rd for 1 mile Destination will on left side .
Standard status
Active
Size
4,750 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
Lot/Block: 2/0
Tax Annual Amount
4487
Legal Description
Lot/Block: 2/0
Building Details
Year built
1974
Floors in Building
1
Additional Structures
Storage
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Cecilia Gomez
(501) 951-0024
Added: Apr 17
Changed: Oct 8
Last Checked: Oct 16 at 8:06AM
MLS# 26015444
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.
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Investment Insights
Based on property information with market context.
This C-3-zoned mixed-use property contains three separate buildings totaling 4,750 square feet on 1 acre. The improvements include a detached 3-bedroom, 1-bath residence with tile and wood flooring and central heat and air. A second building is configured as an event center, gymnasium, or worship hall, with men’s and women’s restrooms, two offices, and a full kitchen. The third improvement is a metal structure suited to warehouse or storage functions.
The property is fully fenced and includes an outside storage area, a storage building, guttering, and a pole sign. The buildings are located at 4919, 4921, and 4923 Baseline Rd in Little Rock, Arkansas. Built in 1974, the site offers a combination of residential, assembly, office, kitchen, and storage improvements within one commercial property.
The property is fully fenced and includes an outside storage area, a storage building, guttering, and a pole sign. The buildings are located at 4919, 4921, and 4923 Baseline Rd in Little Rock, Arkansas. Built in 1974, the site offers a combination of residential, assembly, office, kitchen, and storage improvements within one commercial property.
Key Highlights
- Three‑building mixed‑use property totaling 4,750 square feet
- 1‑acre site with C‑3 zoning
- 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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Current Use
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
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 - The property combines a detached residence, event or worship hall, and metal storage structure.
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‑building mixed‑use property totaling 4,750 square feet; 1‑acre site with C‑3 zoning; Detached 3‑bedroom, 1‑bath residence with central heat and air
