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    701 7Th St Little Rock, AR 72201

    Sponsored
    For Sale
    $2,255,000

    Prime Location, High Potential Income

    Property size:
    41,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional two-story office building, totaling 41,000 square feet on a 0.5-acre lot in Little Rock, Arkansas, presents a compelling investment opportunity. Located at 701 W 7th St, 72201, this property boasts a prime downtown location, offering easy access to major interstates I-630 and I-30. Originally constructed in 1955, the building underwent significant renovations in 2016 and features a brand new roof installed in July 2021. The asking price is $2,255,000, translating to $55 per square foot. The flexible space includes traditional and executive office areas, along with warehouse space. Shared amenities such as conference rooms, break rooms, coffee bars, lounges, and video conferencing capabilities enhance the property's appeal. The current owner is open to a leaseback arrangement, providing a smooth transition for the buyer. The property is zoned for urban use and offers a potential annual income of $156,000. This represents a significant opportunity for owner-occupants or investors seeking a well-positioned asset in the thriving Little Rock downtown area. The building's strategic location and modern amenities make it an attractive proposition for a variety of businesses.

    Property Features for 701 7Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    41,000 SF
    Lot Size
    21,780 SF

    Building Details

    Year Renovated
    2016
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Arkansas Realtime Reporting Court Reporter ARKANSAS ADOPTION ATTORNEY Family Law Attorney THE MILLER FIRM Law Firm Collaborative Counseling Associates Mental Health Clinic Ozark Capital Corporation Corporate Office

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center 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
    -92.278828024336
    Latitude
    34.743156679843

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, High Potential Income
    Where is this office property / space located?
    The property is located at 701 7Th St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $2,255,000.
    Request Owner's contact information
    701 7Th St Little Rock, AR 72201
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    Little Rock, AR 72201
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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
    701 7Th St Little Rock, AR 72201
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