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    200 University Ave Little Rock, AR 72205

    Sponsored
    For Sale
    $2,175,000

    ±18,916 SF Office Building, $2.175M

    Property size:
    18,916 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story office building, totaling ±18,916 square feet, is ideally situated on a 0.6-acre lot in Little Rock's vibrant Midtown area. Located at 200 S University Ave, 72205, this Class B property offers a versatile layout suitable for various uses, including medical, higher education, or general office spaces. The building features approximately 9,092 square feet of office space on each of its two floors. Ample parking is available, including a convenient covered ground-level parking area. The property boasts excellent visibility and accessibility, with direct ingress/egress to University Avenue at a well-lit intersection. This prime location is in the heart of Midtown's medical district, providing easy access to key amenities and a strong tenant pool. The asking price is $2,175,000, translating to $114.98 per square foot. The seller is offering an attractive incentive: a 4% commission on the purchase price or total gross rents to the tenant's firm. This presents a unique opportunity to acquire a well-positioned, versatile office building in a thriving Little Rock neighborhood.

    Property Features for 200 University Ave

    General Information

    Property type
    Medical offices
    Square Feet
    18,916 SF
    Class
    B
    Lot Size
    26,136 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Tenant receives 4% of purchase price or total gross rents from owner.
    • 9,092 square feet of office space across the second and third floors.
    • Prime Midtown medical district location.
    • Ample parking, including covered ground‑level spaces.
    • Convenient University Avenue access at a lighted intersection.
    • Suitable for medical, educational, or general office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eastern College-Health Vctns College Pulaski County Health ... Public Health Department

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3419651
    Latitude
    34.7512455

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    FAQs

    What type of property is this?
    Medical office - ±18,916 SF Office Building, $2.175M
    Where is this medical office located?
    The property is located at 200 University Ave Little Rock, AR.
    What is the asking price?
    The asking price for this property is $2,175,000.
    What are key features of this property?
    This property features: Tenant receives 4% of purchase price or total gross rents from owner.; 9,092 square feet of office space across the second and third floors.; Prime Midtown medical district location.
    Request Owner's contact information
    200 University Ave Little Rock, AR 72205
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    Little Rock, AR 72205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 University Ave Little Rock, AR 72205
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