Two-Building Retail
New
For Sale
$875,000
7305 Cantrell Highway, Little Rock, AR 72207
Commercial / Industrial, Little Rock, AR
Property Size4,934 SF
Lot Size0.41 Acres
Price / SF$177.34
Days on Market4
Property Features for 7305 Cantrell Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
25
Directions
From Mississippi & Cantrell head east 2 blocks on the right across from carwash
Subdivision
Little Rock
Standard status
Active
Size
4,934 SF
Lot size
0.41 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
43L2110000300
Tax Annual Amount
8078
Legal Description
43L2110000300
Building Details
Year built
1978
Floors in Building
1
Buildings
2
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Jeff Whitby
(501) 744-2112
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 25 at 1:06PM
MLS# 26042947
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.
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 retail property in Little Rock consists of two buildings totaling 4,934 square feet. One 3,554-square-foot building is vacant, while the second, measuring 1,380 square feet, is leased. The property dates to 1978 and occupies 0.41 acres on Cantrell Highway.
Key Highlights
- 4,934 square feet across two buildings
- Vacant building measures 3,554 square feet
- Leased building contains 1,380 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,322
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,106,440
$1.1M
Cap Rate 7%
$790,314
$790.3K
Cap Rate 9%
$614,689
$614.7K
Market Conditions
NOI Build-Up for 4,934 SF
Gross rent
$84.1K $17.04/SF
− Vacancy
−$5.0K −$1.02/SF
EGI
$79.0K $16.02/SF
− OpEx
−$23.7K −$4.81/SF
NOI
$55.3K $11.21/SF
Area
Little Rock, AR
Vacancy
6.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,106,440
Cap Rate 7%
$790,314
Cap Rate 9%
$614,689
Alternative Uses
Best Use
Retail
$790.3K
$691.5K – $922.0K
NOI $55,322 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$896.3K
$784.3K – $1.05M
NOI $62,742 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property combines vacant space with a separate building occupied under lease.
Where is this retail space located?
The property is located at 7305 Cantrell Highway Little Rock, AR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 4,934 square feet across two buildings; Vacant building measures 3,554 square feet; Leased building contains 1,380 square feet
