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    10520 Markham St Little Rock, AR 72205

    Sponsored
    For Sale
    $8,200,000

    80-Room Hotel, Prime Location, High Traffic Area

    Property size:
    46,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 80-room hotel property at 10520 W Markham St, Little Rock, Arkansas, presents a lucrative investment opportunity. Boasting 46,904 square feet across four stories, this 2006-built establishment is zoned O2 and sits on a 1.43-acre lot. The asking price is $8,200,000, translating to $174.83 per square foot. The hotel features a comprehensive suite of amenities designed to maximize guest satisfaction and revenue generation, including a business center, fitness center, on-site retail space, and a dedicated meeting and event space. Its strategic location offers unparalleled access to high traffic areas, with proximity to Interstate 430 (96,000 vehicles per day) and W Markham St (27,000 vehicles per day), ensuring high visibility and accessibility. Detailed financial information is available upon request, providing potential investors with a comprehensive understanding of the property's performance and earning potential. This property represents a rare chance to acquire a well-established, high-performing hotel in a thriving Arkansas market. The property's zip code is 72205, located in Pulaski County. This is a turnkey operation ready for immediate ownership and potential expansion.

    Property Features for 10520 Markham St

    General Information

    Property type
    Hospitality properties
    Square Feet
    46,904 SF
    Lot Size
    62,291 SF

    Building Details

    Year Built
    2006
    Stories
    4

    HighLights

    • 80‑room hotel with business center, fitness center, on‑site retail, and meeting space.
    • Financial details available upon request.
    • One mile from Interstate 430 (96,000 vehicles per day).
    • High traffic counts: W Markham St (27,000 VPD) and I‑430 (96,000 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Candlewood Suites West ... Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3906603
    Latitude
    34.7545032

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    FAQs

    What type of property is this?
    Hospitality property - 80-Room Hotel, Prime Location, High Traffic Area
    Where is this hospitality property located?
    The property is located at 10520 Markham St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $8,200,000.
    What are key features of this property?
    This property features: 80-room hotel with business center, fitness center, on-site retail, and meeting space.; Financial details available upon request.; One mile from Interstate 430 (96,000 vehicles per day).
    (501) 376-6555
    Request Owner's contact information
    10520 Markham St 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
    10520 Markham St Little Rock, AR 72205
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