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Retail Space with On-Site Parking
New
For Sale
$1,200,000

5524 JFK, North Little Rock, AR 72116

Commercial / Industrial, North Little Rock, AR

Property Size4,567 SF
Lot Size2.40 Acres
Price / SF$262.75
Days on Market4

Property Features for 5524 JFK

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Central Business
Parking 60
Directions On JFK
Subdivision North Little Rock (CENTRAL)
Standard status Active
Size 4,567 SF
Lot size 2.40 Acres

Taxes and HOA fees

Tax Description meets bounds
Tax Annual Amount 12842
Legal Description meets bounds

Building Details

Year built 1938
Floors in Building 2
Listing Agency: Keller Williams Realty
Listed By: Cassie Wells
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 21 at 10:06PM
MLS# 26042458

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The retail property includes a 4,567-square-foot building, constructed in 1938, on 2.4 acres. The site has 58 parking spaces, providing on-site parking for the property.

The parcel has 420 lineal feet along John F. Kennedy Boulevard and is 4/10 of a mile from McCain Boulevard. Reported traffic on John F. Kennedy is 25,000 cars per day.

Key Highlights

  • 4,567‑square‑foot building on 2.4 acres
  • 58 parking spaces
  • 420 lineal feet on John F Kennedy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,981
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,620 $1.2M
Cap Rate 7%
$871,157 $871.2K
Cap Rate 9%
$677,567 $677.6K
Market Conditions
NOI Build-Up for 4,567 SF
Gross rent
$86.6K $18.96/SF
− Vacancy
−$5.3K −$1.16/SF
EGI
$81.3K $17.80/SF
− OpEx
−$20.3K −$4.45/SF
NOI
$61.0K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,620
Cap Rate 7%
$871,157
Cap Rate 9%
$677,567

Alternative Uses

Best Use
Specialty Retail
$871.2K
$762.3K – $1.02M (±1% cap)
NOI $60,981 @ 7.0% cap · market cap 5.08%
Second Best
Retail
$602.1K
$526.8K – $702.5K (±1% cap)
NOI $42,147 @ 7.0% cap · market cap 3.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Lease Details

25,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 27% Electronics 3% Home Improvements & Furnishings 1%
Kum & Go Shops & Services
22,078 visits/mo 0.2 miles
7 Brew Coffee Dining
19,964 visits/mo 0.4 miles
Starbucks Dining
11,862 visits/mo 0.4 miles
Hardee's Dining
10,362 visits/mo 0.4 miles
Larry's Pizza Dining
6,302 visits/mo 0.4 miles

Demographics for 72116, AR

21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
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

Frequently Asked Questions

What type of property is this?
Retail space - The existing building sits on a 2.4-acre parcel with on-site parking.
Where is this retail space located?
The property is located at 5524 JFK North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,567‑square‑foot building on 2.4 acres; 58 parking spaces; 420 lineal feet on John F Kennedy
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