Office Building with Conference
North Little Rock, AR 72114, North Little Rock, AR 72114
For Sale
$399,900
Under Contract
Commercial / Industrial, Traditional, North Little Rock, AR
Property Size3,465 SF
Lot Size0.78 Acres
Price / SF$115.41
Days on Market99
Property Features
General Information
Property type
Property subtype
Zoning description
Parking
Security features
Interior features
Lot features
Subdivision
Standard status
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
5 Closed Door offices
Huge -Great room
Large Conference Room
Full Kitchen/ with Island
Men's and Women's (2) stall Bathrooms
Building Details
Year built
Floors in Building
Flooring type
Architectural style
Listing Agency:
Blair & Co. Realtors
(501) 654-4663
Listed By:
David Smith
(501) 551-1119
Added: Aug 6
Changed: Nov 2
Last Checked: Nov 12 at 7:06AM
MLS# 26032848
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,465-square-foot office building, constructed in 1984, sits on a 0.78-acre parcel. Its layout includes five enclosed offices, a large shared work area, a conference room and a full kitchen with an island. Separate men’s and women’s restrooms each have two stalls. Tile and wood flooring, ceiling fans, video surveillance and a security system are among the interior features.
Office furniture and equipment are not included in the sale.
Office furniture and equipment are not included in the sale.
Key Highlights
- 3,465‑square‑foot office building on 0.78 acres
- Five enclosed offices, a shared work area and a conference room
- Full kitchen with island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,979
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,580
$579.6K
Cap Rate 7%
$413,986
$414.0K
Cap Rate 9%
$321,989
$322.0K
Market Conditions
NOI Build-Up for 3,465 SF
Gross rent
$43.7K $12.60/SF
− Vacancy
−$5.0K −$1.45/SF
EGI
$38.6K $11.15/SF
− OpEx
−$9.7K −$2.79/SF
NOI
$29.0K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,580
Cap Rate 7%
$413,986
Cap Rate 9%
$321,989
Alternative Uses
Best Use
Office B
$414.0K
$362.2K – $483.0K
NOI $28,979 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 72114, AR
10,957
Population
6,733
Households
1.6
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
7.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$28,594
Median Household Income
$27,564
Median Earnings
$781
Median Rent
$87,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Pulaski County, AR
Properties on Market for Office buildings in Pulaski County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Five enclosed offices complement a shared work area, full kitchen and two-stall restrooms.
Where is this office building located?
The property is located at North Little Rock, AR.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,465‑square‑foot office building on 0.78 acres; Five enclosed offices, a shared work area and a conference room; Full kitchen with island
