400 Capitol Ave Little Rock, AR 72201
- Individual retail properties
- 554,882 SF
- 1.93 lot acres
Current Use by Public Records
- Rachel Acklin, Exp Realty / Real Estate Agent
- Schlereth Family LLC / Attorney
- Arkansas Learns / Non-Profit Organization
- American Indian Center of Ar Inc / Non-Profit Organization
- Little Rock Toastmasters / Non-Profit Organization
Property Details for 400 Capitol Ave
- Year built
- 1975
- Lot size
- 1.93 lot acres
- Property size
- 554,882 SF
- Property type
- Individual retail properties
- APN
- 34L-020-06-008-00
- APU
- 34L0200600800
Description
This exceptional Class A office space, located at 400 West Capitol Avenue, Suite 1700, in Little Rock, Arkansas's Regions Center, offers a variety of flexible workspace solutions. The 15,629 square foot building boasts 350 suites, providing options for businesses of all sizes. Currently, 5,870 square feet are available, with spaces ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet. The building underwent renovations in 2019 and features convenient amenities such as elevators. This property is ideal for businesses seeking executive office space, coworking arrangements, or creative office environments. Its location in Pulaski County, Arkansas, offers easy access to Little Rock's vibrant business district and provides a professional and inspiring work environment. The building caters to multiple tenants, offering a diverse and collaborative atmosphere. The property's flexible lease terms allow businesses to tailor their workspace to their specific needs, accommodating teams from one to one hundred desks or more. This prime location in Little Rock offers a unique opportunity to establish a thriving business in a modern and well-maintained facility. The building's A-class designation reflects its high-quality construction and amenities, ensuring a premium workspace experience.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,405,000
- 6.5%
- $2,295,000
- 7%
- $2,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,555,000
- Geo Method
- $1,920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,055,000
- Retail
- $1,835,000
- Mixed-Use
- $1,750,000
- Hospitality
- $2,335,000
- Educational
- $1,760,000
- Residential Income
- $1,950,000
- Energy
- $1,895,000
- Income-Based Land
- $1,775,000
- Food Service
- $1,770,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2755
- Latitude
- 34.7454
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA