Auto Shop with Included
5401 Asher Ave Little Rock, AR 72204
New
For Sale
$739,000
COMMERCIAL - Little Rock, AR
Property Size1,995 SF
Lot Size0.38 Acres
Price / SF$370.43
Days on Market1
Property Features for 5401 Asher Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 15
- Standard status
- Active
- Size
- 1,995 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Description
- Lot 1 Block 1
- Tax Annual Amount
- 1566
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency:
LPT Realty
(501) 291-3841
Listed By:
Kelly Wei · License #EB00074530
(501) 860-8306
Added: Jul 23
Last Checked: Jul 23 at 5:06PM
MLS# 26029939
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 for-sale auto shop opportunity includes the building, land, and all equipment, presented as a turnkey solution for immediate operation. The property is sized at 1,995 square feet and sits on a 0.38-acre lot.
Located at 5401 Asher Ave in Little Rock, Arkansas, the offering provides a commercial automotive building package that is designed for buyers seeking an ownership structure that includes the improvements and equipment together.
If you’re evaluating an automotive business property purchase, this package is structured to keep the starting point straightforward by including the on-site equipment alongside the real estate.
Located at 5401 Asher Ave in Little Rock, Arkansas, the offering provides a commercial automotive building package that is designed for buyers seeking an ownership structure that includes the improvements and equipment together.
If you’re evaluating an automotive business property purchase, this package is structured to keep the starting point straightforward by including the on-site equipment alongside the real estate.
Key Highlights
- Auto shop package includes the building, land, and all equipment
- Metal roof
- Concrete flooring
Financial Insights For Retail
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 | $34.0k | $17.04 |
| − Vacancy | −$2.0k | −$1.02 |
| EGI | $32.0k | $16.02 |
| − OpEx | −$9.6k | −$4.81 |
| NOI | $22.4k | $11.21 |
1,995 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$319.6K
$279.6K – $372.8K
NOI $22,369 @ 7.0% cap · market cap 3.03%
Second Best
Industrial
$107.1K
$93.7K – $125.0K
NOI $7,498 @ 7.0% cap · market cap 1.01%
Theoretical Best
Office A
$362.4K
$317.1K – $422.8K
NOI $25,369 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dragon Brothers Automotive
Auto Repair Shop
Similar Off Market Nearby
- Tisdale Garage — 3501 Mabelvale Pike, Little Rock, AR 72204
- Glen Daniels Transmission Inc — 3611 Mabelvale Pike, Little Rock, AR 72204
- El Dorado Body Shop — 4601 S University Ave, Little Rock, AR 72204
- Professional window tinting — 4601 S University Ave, Little Rock, AR 72204
- LMB auto repair — 4601 S University Ave ste 28, Little Rock, AR 72204
FAQs
What type of property is this?
Auto shop - For sale auto shop offering a turnkey setup with building, land, and included equipment on a 0.38-acre lot.
Where is this auto shop located?
The property is located at 5401 Asher Ave Little Rock, AR.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Auto shop package includes the building, land, and all equipment; Metal roof; Concrete flooring
