921 W Markham St, Little Rock, AR 72201
Office building with 3692 square feet available for sale.
- Added:
- Feb 8, 2024
- Days on Market:
- 879
- Last Refresh:
- May 12 at 10:05 pm
Property Features for 921 W Markham St
General Information
- Standard status
- Active
- Size
- 3,692 SF
- Property subtype
- Office
Listing office RPM Group
Listing date Feb 8, 2024
Source Crexi
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 RPM Group
HighLights
- No property information was provided to extract selling points.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $14.28 |
| − Vacancy | −$5.9k | −$1.59 |
| EGI | $46.9k | $12.69 |
| − OpEx | −$11.7k | −$3.17 |
| NOI | $35.2k | $9.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.28062
- Latitude
- 34.749124
