Flex Property with Drive-Up
7000 Crystal Hill Road, Little Rock, AR 72118
For Sale
New
Contact for pricing
Two tenants occupy the property, with additional suite space available for lease or owner use.
Property Size6,360 SF
Lot Size0.74 Acres
Price / SF$133.65
Days on Market5
Property Features for 7000 Crystal Hill Road
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Tenant in Place
Property Use
Building Details
Building Size
Listing Agency:
Halsey Real Estate
Listed By:
Mark Bingman · License AR EB00035325
(501) 916-8253
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:33PM
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 Halsey Real Estate
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.
This flex property totals approximately 6,360 SF and includes drive-up doors. Two tenants provide income, while approximately 3,200 SF in Suites 2 and 3 is available. The property is offered for sale or lease and occupies approximately 0.74 acres.
The site is on Crystal Hill Road near I-40 and I-430.
The site is on Crystal Hill Road near I-40 and I-430.
Key Highlights
- Approximately 6,360 SF flex office/warehouse property
- Approximately 0.74‑acre site on Crystal Hill Road
- Approximately 3,200 SF available in Suites 2 and 3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,290
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,800
$965.8K
Cap Rate 7%
$689,857
$689.9K
Cap Rate 9%
$536,556
$536.6K
Market Conditions
NOI Build-Up for 6,360 SF
Gross rent
$79.4K $12.48/SF
− Vacancy
−$5.1K −$0.80/SF
EGI
$74.3K $11.68/SF
− OpEx
−$26.0K −$4.09/SF
NOI
$48.3K $7.59/SF
Area
Little Rock, AR
Vacancy
6.40%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,800
Cap Rate 7%
$689,857
Cap Rate 9%
$536,556
Alternative Uses
Best Use
Flex RnD
$689.9K
$603.6K – $804.8K
NOI $48,290 @ 7.0% cap · market cap 5.68%
Second Best
Warehouse
$414.7K
$362.8K – $483.8K
NOI $29,026 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,875 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Market
Properties on Market for Flex space in Little Rock
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two tenants occupy the property, with additional suite space available for lease or owner use.
Where is this flex space located?
The property is located at 7000 Crystal Hill Road Little Rock, AR.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 6,360 SF flex office/warehouse property; Approximately 0.74‑acre site on Crystal Hill Road; Approximately 3,200 SF available in Suites 2 and 3
