2011 Broadway StLittle Rock, AR 72206

Property Details for 2011 Broadway St

Year built

1907

Lot size

0.16 AC

Property size (Sq ft)

2,758 SF

Property type

Office properties

Property subtype

Office buildings

APN

34L-207-00-058-00

APU

34L2070005800

Description

This exceptional single-tenant office building, located at 2011 Broadway Street in Little Rock, Arkansas, offers 2,758 square feet of well-maintained space. Situated on a 0.16-acre lot in Pulaski County, zip code 72206, this property boasts a highly desirable location near the Arkansas Governor's Mansion and with convenient access to I-630. The building features a traditional office layout, ideal for a variety of professional uses. The building is divided into suites, each with its own private front and back entrances, offering excellent privacy and convenience. A notable feature is the second-floor unit, encompassing 1,379 square feet and including four individual offices, a dedicated conference room, a kitchenette, a private outdoor patio, and a spacious open office area located on the attic level. Ample private parking is available at the rear of the building, providing convenient parking for tenants and visitors. This property presents a unique opportunity to acquire a well-located, functional office building in a thriving area of Little Rock. The property's proximity to major roadways and prominent landmarks makes it an attractive investment for businesses seeking a prestigious and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $438,386

  6.5%

  $404,664

  7%

  $375,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $197,280

  Geo Method

  $197,280

• Alternative Use

  Use

  Valuation

  Residential

  $501,784

  Hospitality

  $459,631

  Educational

  $382,408

  Medical

  $395,559

  Retail

  $594,856

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7292

Longitude

-92.2782

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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