Office Unit in Quapaw
For Sale
$72,500
700 E 9th Street, Little Rock, AR 72202
Commercial / Industrial, Little Rock, AR
Property Size662 SF
Price / SF$109.52
Days on Market459
Property Features for 700 E 9th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
10
Security features
Security
Interior features
Sprinkler, Elevator
Exterior features
Fully Fenced, Landscaping, Security
Fencing
Full
Accessibility
Accessible Elevator Installed
Lot features
Level
Directions
off of 7th Street
Subdivision
Little Rock
Standard status
Active
Size
662 SF
Taxes and HOA fees
Tax Description
QUAPAW TOWERS HPR APT 1A
Tax Annual Amount
580
Legal Description
QUAPAW TOWERS HPR APT 1A
Building Details
Year built
1963
Listing Agency:
The Mike Rushin Co. Inc.
(501) 663-3419
Listed By:
Michael Rushin Jr.
(501) 351-4540
Added: Jul 8, 2025
Changed: Oct 5
Last Checked: Oct 9 at 10:06AM
MLS# 25026798
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 662-square-foot office unit is located in Quapaw Towers, a property built in 1963. Building features include elevator service, an accessible elevator, and sprinkler protection.
The property is situated at 700 E 9th Street in Little Rock, Arkansas. Exterior improvements include full fencing, landscaping, and security features, providing a defined and controlled setting for the office space.
The property is situated at 700 E 9th Street in Little Rock, Arkansas. Exterior improvements include full fencing, landscaping, and security features, providing a defined and controlled setting for the office space.
Key Highlights
- 662‑square‑foot office unit in Quapaw Towers
- Built in 1963
- Elevator service with an accessible elevator installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,303
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,060
$126.1K
Cap Rate 7%
$90,043
$90.0K
Cap Rate 9%
$70,033
$70.0K
Market Conditions
NOI Build-Up for 662 SF
Gross rent
$9.5K $14.28/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$8.4K $12.69/SF
− OpEx
−$2.1K −$3.17/SF
NOI
$6.3K $9.52/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,060
Cap Rate 7%
$90,043
Cap Rate 9%
$70,033
Alternative Uses
Best Use
Office B
$90.0K
$78.8K – $105.1K
NOI $6,303 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$120.3K
$105.2K – $140.3K
NOI $8,418 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 72202, AR
10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Elevator-served office space with sprinkler protection, security features, and an accessible building entrance.
Where is this office units located?
The property is located at 700 E 9th Street Little Rock, AR.
What is the asking price?
The asking price for this property is $72,500.
What are key features of this property?
This property features: 662‑square‑foot office unit in Quapaw Towers; Built in 1963; Elevator service with an accessible elevator installed
