Industrial Facility with Office
For Sale
$1,305,683
800 North Palm Street, North Little Rock, AR 72114
24,791 SF industrial facility with office and warehouse space.
Property Size24,791 SF
Lot Size5.35 Acres
Price / SF$52.67
Days on Market210
Property Features for 800 North Palm Street
General Information
Standard status
Active
Size
24,791 SF
Lot size
5.35 Acres
Property subtype
Industrial
Listing Agency:
CBRE
Listed By:
William Callahan
(501) 370-2952
Source:
Cbre
Added: Mar 25
Changed: Oct 19
Last Checked: Oct 19 at 6:00AM
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 CBRE
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 24,791-square-foot facility includes 13,241 square feet of office space and 11,545 square feet of warehouse space. The building is fully equipped with HVAC. Situated on 5.35 acres, the property formerly served as a Tree of Life Seeds production facility and features partial lab renovations. Zoned I2, the warehouse has a clear height of 16 feet and includes two dock doors, one truck well, and one 10' x 12' drive-in door. The property is located in close proximity to US Hwy 70, I-30, and I-40.
Key Highlights
- 24,791± SF Total Space (Office & Warehouse)
- 5.35± Acres
- 100% HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,980
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,179,600
$2.2M
Cap Rate 7%
$1,556,857
$1.6M
Cap Rate 9%
$1,210,889
$1.2M
Market Conditions
NOI Build-Up for 24,791 SF
Gross rent
$163.6K $6.60/SF
− Vacancy
−$7.9K −$0.32/SF
EGI
$155.7K $6.28/SF
− OpEx
−$46.7K −$1.88/SF
NOI
$109.0K $4.40/SF
Area
Pulaski County, AR
Vacancy
4.85%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,179,600
Cap Rate 7%
$1,556,857
Cap Rate 9%
$1,210,889
Alternative Uses
Best Use
Industrial
$1.56M
$1.36M – $1.82M
NOI $108,980 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.73M
$4.14M – $5.52M
NOI $331,024 @ 7.0% cap · market cap 25.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 72114, AR
10,957
Population
6,733
Households
1.6
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
7.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$28,594
Median Household Income
$27,564
Median Earnings
$781
Median Rent
$87,900
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - 24,791 SF industrial facility with office and warehouse space.
Where is this manufacturing property located?
The property is located at 800 North Palm Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,305,683.
What are key features of this property?
This property features: 24,791± SF Total Space (Office & Warehouse); 5.35± Acres; 100% HVAC
