Mixed-Use Building with
For Sale
$1,150,000
900 W 7th, Little Rock, AR 72201
Commercial / Industrial, Traditional, Little Rock, AR
Property Size10,000 SF
Lot Size0.52 Acres
Price / SF$115
Days on Market361
Property Features for 900 W 7th
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
26
Security features
Security
Interior features
Burglar Alarm, Window Treatments, Handicapped Design, Kitchen Area
Exterior features
Overhead Doors, Security
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
From 630, take the Chester Street Exit. Turn left at the red light. At the red light on Chester and 7th, turn right (east). Property is on the left.
Subdivision
Little Rock
Standard status
Active
Size
10,000 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Description
Sec03 Twp 1N R12W
Tax Annual Amount
12180
Legal Description
Sec03 Twp 1N R12W
Building Details
Year built
1985
Floors in Building
1
Flooring type
Carpet - Full
Architectural style
Other
Listing Agency:
Haybar Realty
(501) 374-2303
Listed By:
Ashley Fondren · License #SA00091956
(501) 766-5155
Added: Oct 1, 2025
Changed: Sep 24
Last Checked: Sep 26 at 12:06AM
MLS# 25039323
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.
Investment Insights
Based on property information with market context.
This 10,000-square-foot mixed-use property contains 5,000 square feet of office space and another 5,000 square feet of open-plan area, including approximately 1,400 square feet of warehouse space. Two automatic roll-up doors serve the building. The 1985-built property also has a kitchen area and accessible ramp entry, with about 26 on-site parking spaces on its 0.52-acre parcel.
At the corner of 7th and Izard streets in downtown Little Rock, the property is near the Arkansas State Capitol and River Market, with dining and entertainment options in the surrounding area. 7th Street carries approximately 12,000 vehicles per day. I-630 and I-30 are accessible via Chester Street.
At the corner of 7th and Izard streets in downtown Little Rock, the property is near the Arkansas State Capitol and River Market, with dining and entertainment options in the surrounding area. 7th Street carries approximately 12,000 vehicles per day. I-630 and I-30 are accessible via Chester Street.
Key Highlights
- 10,000 square feet total, with 5,000 square feet of office space
- Approximately 1,400 square feet of warehouse space within a 5,000‑square‑foot open‑plan area
- Two automatic roll‑up doors
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
$99,346
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
8.64%
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%
$1,986,920
$2.0M
Cap Rate 7%
$1,419,229
$1.4M
Cap Rate 9%
$1,103,844
$1.1M
Market Conditions
NOI Build-Up for 10,000 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
$178.8K $17.88/SF
− Vacancy
−$19.8K −$1.98/SF
EGI
$159.0K $15.90/SF
− OpEx
−$59.6K −$5.96/SF
NOI
$99.3K $9.93/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
37.50%
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%
$1,986,920
Cap Rate 7%
$1,419,229
Cap Rate 9%
$1,103,844
Alternative Uses
Best Use
Mixed Use
$1.42M
$1.24M – $1.66M
NOI $99,346 @ 7.0% cap · market cap 8.64%
Second Best
Warehouse
$652.0K
$570.5K – $760.7K
NOI $45,639 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,163 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 72201, AR
961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, open-plan, and warehouse areas share a building with automatic roll-up access.
Where is this mixed-use property located?
The property is located at 900 W 7th Little Rock, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 10,000 square feet total, with 5,000 square feet of office space; Approximately 1,400 square feet of warehouse space within a 5,000‑square‑foot open‑plan area; Two automatic roll‑up doors
