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    OFF-MARKET
    Office Spaces

    5101 Locust St, North Little Rock, AR 72116

    5,920 SF 0.73 ac lot Built 1965
    Property ID
    Property summary
    AI-generated overview

    This single-story, 5,920-square-foot freestanding office building is available for purchase at $425,000. Located at 5101 N. Locust Street in North Little Rock, Arkansas, this property sits on a 0.73-acre lot and boasts a convenient location along McCain Boulevard, experiencing approximately 10,000 vehicles daily. Built in 1965, the building is classified as Class C and is currently vacant, presenting a blank canvas for a new tenant. The C-2 zoning allows for a variety of business uses, offering flexibility for potential buyers. The asking price equates to $72 per square foot. This presents a compelling opportunity for businesses seeking a functional space in a high-traffic area of North Little Rock, Pulaski County, Arkansas, zip code 72116. The property offers ample space and excellent visibility, making it an ideal location for establishing or expanding a business. The building's single-story design provides easy accessibility.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1965
    Total area 5,920 SF
    Lot 0.73 ac (31,799 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Big Rock Masonic Lodge #633 Volunteer Organization Community Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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