28 Remount RdNorth Little Rock, AR 72118

  • Office properties
  • 14,000 SF
For Sale
$795,000 View listing

Property Details for 28 Remount Rd

Year built
1972
Lot size
0.74 AC
Property size (Sq ft)
14,000 SF
Property type
Office properties
Property subtype
Office buildings
APN
33N-004-00-056-00
APU
33N0040005600

Description

This exceptional 15,600-square-foot industrial building in North Little Rock, Arkansas, presents a unique investment opportunity. The property, situated on approximately 1.23 acres at 28 Remount Rd, 72118, boasts a versatile layout including approximately 7,920 square feet of warehouse space, 3,480 square feet of office space, 2,800 square feet of cold storage, and 1,400 square feet of freezer space. The building features two 16-foot-wide by 14-foot-tall roll-up doors, a 16-foot clear height in the center and 14-foot height at the eaves, and a fenced yard. The office area is equipped with a packaged HVAC unit, while gas-fired heaters provide warmth in the warehouse. The property's strategic location offers easy access to Interstates 30 and 40, enhancing its logistical appeal. Priced at $795,000 ($50.96 per square foot), this property is ideal for businesses requiring a combination of warehouse, office, cold storage, and freezer space. The Pulaski County location and convenient highway access make this a highly desirable investment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,225,320
    6.5%
    $2,054,142
    7%
    $1,907,417
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,001,420
    Geo Method
    $1,001,420
  • Alternative Use

    Use
    Valuation
    Residential
    $2,547,136
    Hospitality
    $2,333,162
    Educational
    $1,941,164
    Medical
    $2,007,923
    Retail
    $3,019,588
28 Remount Rd, North Little Rock, Arkansas
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Location Insight

City
N Little Rock
County
Pulaski
State
Arkansas
Latitude
34.8174
Longitude
-92.2655
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,910
$12,942
$45,766
$58,708
-
$64,710
$228,830
$293,540

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