Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7 Clearwater Dr Little Rock, AR 72204
    Back to Search
    Property profile & analytics

    7 Clearwater Dr, Little Rock, AR 72204

    View on Map
    • Warehouses
    • 64,625 SF
    • 4.46 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kesslers Team Sports / (Bike/Boat/Book/etc) Store
    • Arkansas Allstar Cheerleading Association / Family Recreation Center
    • Renewal by Andersen of Greater Arkansas / Hardware & Home Improvement / Interior Design
    • CrossFit Midpoint / Gym & Fitness Center
    • Rainbow International of Little Rock / Hardware & Home Improvement / Construction Company

    Property Details for 7 Clearwater Dr

    Year built
    1999
    Lot size
    4.46 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This Little Rock, Arkansas industrial property, located at 7 Clearwater Dr, 72204, presents a compelling investment opportunity. The property consists of two single-story buildings totaling 64,625 square feet situated on a 4.46-acre lot. Currently operating at 100% occupancy, the property generates a substantial net operating income, boasting a 7.23% cap rate. Built in 1999, the property features 11 loading docks and 11 dock-high doors, along with ample parking accommodating over 148 vehicles. A secure truck court is situated between the buildings, facilitating efficient loading and unloading. The property is fully fenced and secured with two motorized gates. Zoned I-1 Industrial, this versatile space is suitable for a variety of industrial and commercial uses. The asking price is $4,775,000, representing a strong return on investment in a prime Little Rock location. This core investment opportunity offers a blend of stability and growth potential within a thriving industrial market. The property's features, including its size, location, and high occupancy rate, make it an attractive asset for discerning investors seeking a reliable and profitable addition to their portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3931
    Latitude
    34.705

    Comparable in this City

    • Value Estimation
      $11,395,000
      371,540 SF

      2701 Roosevelt Rd

      DISTRIBUTION WAREHOUSE
      2701 Roosevelt Rd, Little Rock, AR 72204-5668
      View Details
    • Value Estimation
      $4,635,000
      38,278 SF

      1500 Westpark Dr

      DISTRIBUTION WAREHOUSE
      1500 Westpark Dr, Little Rock, AR 72204-2417
      View Details
    • Value Estimation
      $4,330,000
      103,511 SF

      4717 Asher Ave

      DISTRIBUTION WAREHOUSE
      4717 Asher Ave, Little Rock, AR 72204-6429
      View Details
    • Value Estimation
      $760,000
      9,375 SF

      1910 John Barrow Rd

      DISTRIBUTION WAREHOUSE
      1910 John Barrow Rd, Little Rock, AR 72204-1448
      View Details
    • Value Estimation by Request
      177,550 SF

      4201-4217 Shackleford Rd

      Flex space
      4201-4217 Shackleford Rd, Little Rock, AR 72204
      View Details
    • Value Estimation by Request
      3,332 SF

      6623 Colonel Glenn Rd

      WAREHOUSE, STORAGE
      6623 Colonel Glenn Rd, Little Rock, AR 72204-7727
      View Details

    Similar Nearby for Sale

    • $1,000,000
      6,000 SF

      Little Rock Multi-Building Commercial Property

      Versatile industrial & retail space, high visibility location.
      7523 Colonel Glenn Rd, Little Rock, AR 72204
      View Details
    • $850,000
      5.97 Acres

      Little Rock Industrial Redevelopment

      6-acre lot, 10,000 SF building, vacant.
      7609 Colonel Glenn Rd, Little Rock, AR 72204
      View Details
    • Contact for pricing
      15,284 SF

      Versatile Flex Building in Little Rock

      15,284 sq ft flex building with office and warehouse space.
      1 Remington Dr, Little Rock, AR 72204
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      Combined warehouse and office space totaling 6,400 SF for sale.
      1400 Westpark Dr, Little Rock, AR 72204
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Property on Colonel Glenn

      10,000 SF industrial site with yard space for sale.
      7609 Colonel Glenn Rd, Little Rock, AR 72204
      View Details
    • Contact for pricing

      Warehouse/Office Building on 5.5 Acres

      113,750 SF warehouse/office with easy access to major interstates.
      1501 Westpark Dr, Little Rock, AR 72204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,878 SF

      Remington Warehouse: Little Rock Flex Space

      Versatile Little Rock warehouse/office space for lease.
      9 Remington Dr, Little Rock, AR 72204
      View Details
    • $5 SF/Yr

      Office/Warehouse Space Near I-630

      Office and warehouse spaces available near Interstate 630.
      1601 Westpark Dr, Little Rock, AR 72204
      View Details
    • Contact for pricing

      Multi-Building Commercial Property For Lease

      6,880 SF multi-building commercial property on 1.67 acres.
      8623 Colonel Glenn Rd, Little Rock, AR 72204
      View Details
    • $6 SF/Yr

      Flex Warehouse with Office Space

      Flex/warehouse space with roll-up door and convenient I-630 access.
      1419 Westpark Dr, Little Rock, AR 72204
      View Details
    • $9 SF/Yr

      Little Rock Flex/Warehouse Space

      Flex/Warehouse space for lease in central Little Rock location.
      1910 John Barrow Rd, Little Rock, AR 72204
      View Details
    • Contact for pricing

      Little Rock Flex Space Available

      Flex space with warehouse and office components for lease.
      1419 Westpark Dr, Little Rock, AR 72204
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Clearwater Dr
    Little Rock, AR 72204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7 Clearwater Dr, Little Rock, AR, 72204
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!