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5101 West 65th Street, Little Rock, AR 72209

Former auto repair facility on 0.85 acres with existing automotive infrastructure and C-4 zoning for flexible commercial use.

Property Size9,123 SF
Lot Size0.85 Acres
Price / SF$48.77
Days on Market95

Property Features for 5101 West 65th Street

General Information

Standard status Active
Size 9,123 SF
Total Parking Spaces 20
Lot size 0.85 Acres
Property subtype Retail, Office, Industrial
Zoning C4

Building Details

Year Built 1972
Buildings 1
Listing Agency: RPM Group
Listed By: Kyle Patton · License #AR
Source: Crexi
Added: Jun 5 Changed: Sep 6 Last Checked: Sep 7 at 10:18AM

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 RPM Group

Investment Insights

Based on property information with market context.

This 9,123 SF commercial property on 0.85 acres was previously utilized as an auto repair facility and includes existing automotive infrastructure. The site also features ample outdoor space and a functional layout for continued automotive-related operations or other permitted C-4 uses.

The property is located along W. 65th Street in Little Rock. It also includes an existing billboard lease.

With C-4 zoning and on-site automotive improvements, the property offers flexibility for a range of commercial and industrial uses consistent with the zoning provisions.

Key Highlights

  • 9,123 SF commercial property built in 1972 on 0.85 acres along W. 65th Street in Little Rock
  • Previously used as an auto repair facility with existing automotive infrastructure
  • C‑4 zoning allows for a variety of commercial and industrial uses

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,289
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.71%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,780 $685.8K
Cap Rate 7%
$489,843 $489.8K
Cap Rate 9%
$380,989 $381.0K
Market Conditions
NOI Build-Up for 9,123 SF 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.
Gross rent
$51.5K $5.64/SF
− Vacancy
−$2.5K −$0.27/SF
EGI
$49.0K $5.37/SF
− OpEx
−$14.7K −$1.61/SF
NOI
$34.3K $3.76/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,780
Cap Rate 7%
$489,843
Cap Rate 9%
$380,989

Alternative Uses

Best Use
Retail
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,290 @ 7.0% cap · market cap 22.99%
Second Best
Industrial
$489.8K
$428.6K – $571.5K (±1% cap)
NOI $34,289 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $116,010 @ 7.0% cap · market cap 26.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Law Firm Pharmacy Real Estate Agency

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

387
Businesses Nearby
Well-served
Demand for This Use

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

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
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Similar Off Market Nearby

  • Terry's Paint and Body 7604 Geyer Springs Rd, Little Rock, AR 72209
  • Blue Sky Auto Body & Paint LLC 6301 Forbing Rd, Little Rock, AR 72209
  • USA Tire & Accessories LLC 7301 Geyer Springs Rd, Little Rock, AR 72209
  • Chilango's Tire Shop 7415 b, Geyer Springs Rd, Little Rock, AR 72209
  • Ricardo Auto Glass 5301 Westminister Dr, Little Rock, AR 72209

Frequently Asked Questions

What type of property is this?
Auto shop - Former auto repair facility on 0.85 acres with existing automotive infrastructure and C-4 zoning for flexible commercial use.
Where is this auto shop located?
The property is located at 5101 West 65th Street Little Rock, AR.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: 9,123 SF commercial property built in 1972 on 0.85 acres along W. 65th Street in Little Rock; Previously used as an auto repair facility with existing automotive infrastructure; C‑4 zoning allows for a variety of commercial and industrial uses
More about this property
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