Freestanding Flex Building with
For Sale
Contact for pricing
7000 Remount Rd, North Little Rock, AR 72118
Office, showroom, and warehouse areas create a versatile commercial layout.
Property Size5,925 SF
Price / SF$91.98
Days on Market11
Property Features for 7000 Remount Rd
General Information
Standard status
Active
Size
5,925 SF
Property subtype
INDUSTRIAL
Listing Agency:
Hathaway Group
(501) 663-5400
Listed By:
David Hathaway
(501) 529-4868
Source:
Moodyscre
Added: Sep 16
Changed: Sep 22
Last Checked: Sep 26 at 11:48AM
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 Hathaway Group
Investment Insights
Based on property information with market context.
This freestanding flex property includes 5,925 SF of building area, divided between 2,877 SF of updated office space and a 3,048 SF warehouse. The office component features seven private offices, a reception area, a large showroom or call center area, a kitchenette, and two restrooms. Two offices open directly into the warehouse for convenient internal access.
An additional 1,810 SF unfinished upper level is not included in the county SF and is accessible by stairs from both the office and warehouse areas. The space is wired for electric. Warehouse features include ~16'–20' clear height, one dock-high door, and one drive-in door. Exterior improvements include a fenced side area suitable for parking or a small lay-down yard, along with a large front parking lot.
The property is located at 7000 Remount Rd in North Little Rock, across the street from Camp Robinson and minutes from NLR Airport and Hwy 176.
An additional 1,810 SF unfinished upper level is not included in the county SF and is accessible by stairs from both the office and warehouse areas. The space is wired for electric. Warehouse features include ~16'–20' clear height, one dock-high door, and one drive-in door. Exterior improvements include a fenced side area suitable for parking or a small lay-down yard, along with a large front parking lot.
The property is located at 7000 Remount Rd in North Little Rock, across the street from Camp Robinson and minutes from NLR Airport and Hwy 176.
Key Highlights
- 5,925 SF building with 2,877 SF updated office and 3,048 SF warehouse
- 1,810 SF unfinished upper level with stair access and electric wiring
- Seven private offices, reception area, showroom or call center space, kitchenette, and two restrooms
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
$35,980
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
6.60%
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%
$719,600
$719.6K
Cap Rate 7%
$514,000
$514.0K
Cap Rate 9%
$399,778
$399.8K
Market Conditions
NOI Build-Up for 5,925 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
$59.0K $9.96/SF
− Vacancy
−$3.7K −$0.62/SF
EGI
$55.4K $9.34/SF
− OpEx
−$19.4K −$3.27/SF
NOI
$36.0K $6.07/SF
Area
Pulaski County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
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%
$719,600
Cap Rate 7%
$514,000
Cap Rate 9%
$399,778
Alternative Uses
Best Use
Flex RnD
$514.0K
$449.8K – $599.7K
NOI $35,980 @ 7.0% cap · market cap 6.60%
Second Best
Warehouse
$451.8K
$395.3K – $527.1K
NOI $31,627 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$1.13M
$988.9K – $1.32M
NOI $79,114 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and warehouse areas create a versatile commercial layout.
Where is this flex space located?
The property is located at 7000 Remount Rd North Little Rock, AR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 5,925 SF building with 2,877 SF updated office and 3,048 SF warehouse; 1,810 SF unfinished upper level with stair access and electric wiring; Seven private offices, reception area, showroom or call center space, kitchenette, and two restrooms
