Open-Plan Flex
For Sale
$350,000
Little Rock, AR 72201, Little Rock, AR 72201
Commercial / Industrial, Traditional, Little Rock, AR
Property Size2,880 SF
Lot Size0.16 Acres
Price / SF$121.53
Days on Market373
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Lot features
Level
Subdivision
Little Rock
Standard status
Active
Size
2,880 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1803
Building Details
Year built
1951
Floors in Building
1
Flooring type
Vinyl, Carpet - Partial
Roof type
Metal
Architectural style
Other
Listing Agency:
Haybar Realty
(501) 374-2303
Listed By:
Ashley Fondren · License #SA00091956
(501) 766-5155
Added: Oct 2, 2025
Changed: Oct 8
Last Checked: Oct 9 at 10:06AM
MLS# 25039495
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 2,880-square-foot flex space offers an open interior alongside dedicated storage or private office areas. The building dates to 1951 and sits on a 0.16-acre lot. Flooring includes vinyl and partial carpet, with a metal roof and on-street parking.
The property is in Little Rock’s SoMa district, near Bark Bar and Larry’s Pizza.
The property is in Little Rock’s SoMa district, near Bark Bar and Larry’s Pizza.
Key Highlights
- 2,880‑square‑foot building with an open floor plan
- Separate areas for storage or private offices
- 0.16‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,867
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,340
$437.3K
Cap Rate 7%
$312,386
$312.4K
Cap Rate 9%
$242,967
$243.0K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$35.9K $12.48/SF
− Vacancy
−$2.3K −$0.80/SF
EGI
$33.6K $11.68/SF
− OpEx
−$11.8K −$4.09/SF
NOI
$21.9K $7.59/SF
Area
Little Rock, AR
Vacancy
6.40%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,340
Cap Rate 7%
$312,386
Cap Rate 9%
$242,967
Alternative Uses
Best Use
Retail
$461.3K
$403.6K – $538.2K
NOI $32,291 @ 7.0% cap · market cap 9.23%
Second Best
Flex RnD
$312.4K
$273.3K – $364.5K
NOI $21,867 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K
NOI $36,623 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,895
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Rx Catering — 921 W Capitol Ave, Little Rock, AR 72201
- Legacy Bistro & Bar — 625 W Capitol Ave, Little Rock, AR 72201
- The Middle Matters — Little Rock, AR 72201
- Two Sisters Uptown — 201 N Izard St, Little Rock, AR 72201
- Adams Catfish Express & Catering — 215 N Cross St, Little Rock, AR 72201
Frequently Asked Questions
What type of property is this?
Flex space - An adaptable commercial layout combines a broad open area with separate storage or private office rooms.
Where is this flex space located?
The property is located at Little Rock, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,880‑square‑foot building with an open floor plan; Separate areas for storage or private offices; 0.16‑acre lot
