Commercial Office
New
For Sale
Contact for pricing
7800 Hwy 107, Sherwood, AR 72120
A commercial office property occupies a signalized corner and carries C-2 zoning.
Property Size3,700 SF
Price / SF$268.92
Days on Market5
Property Features for 7800 Hwy 107
General Information
Standard status
Active
Size
3,700 SF
Property subtype
OFFICE
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
3,700 SF
Listing Agency:
Colliers - Little Rock
(501) 372-6161
Listed By:
Justin Bentley, CCIM, SIOR
(501) 519-7174
Source:
Moodyscre
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 10 at 2:22AM
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 Colliers - Little Rock
Investment Insights
Based on property information with market context.
This office property contains 3,700 square feet of building area and is zoned C-2 for commercial use.
Positioned at a signalized intersection on Highway 107 in Sherwood, the site has exposure to approximately 27,000 vehicles per day on the highway.
Positioned at a signalized intersection on Highway 107 in Sherwood, the site has exposure to approximately 27,000 vehicles per day on the highway.
Key Highlights
- 3,700 SF of office building area
- C‑2 commercial zoning
- Signalized corner location on Highway 107
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,944
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,880
$618.9K
Cap Rate 7%
$442,057
$442.1K
Cap Rate 9%
$343,822
$343.8K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$46.6K $12.60/SF
− Vacancy
−$5.4K −$1.45/SF
EGI
$41.3K $11.15/SF
− OpEx
−$10.3K −$2.79/SF
NOI
$30.9K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,880
Cap Rate 7%
$442,057
Cap Rate 9%
$343,822
Alternative Uses
Best Use
Office B
$442.1K
$386.8K – $515.7K
NOI $30,944 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$705.8K
$617.6K – $823.4K
NOI $49,405 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A commercial office property occupies a signalized corner and carries C-2 zoning.
Where is this office building located?
The property is located at 7800 Hwy 107 Sherwood, AR.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3,700 SF of office building area; C‑2 commercial zoning; Signalized corner location on Highway 107
