801 Louisiana St Little Rock, AR 72201
- Office buildings
- 15,405 SF
- 0.14 lot acres
Current Use by Public Records
- Jones Granger Tramuto Christy / Attorney Referral Service / Office
Property Details for 801 Louisiana St
- Year built
- 1930
- Lot size
- 0.14 lot acres
- Property size
- 15,405 SF
- Property type
- Office buildings
- APN
- 34L-020-04-077-00
- APU
- 34L0200407700
Description
This exceptional three-story creative office building, located at 801 S Louisiana St in Little Rock, Arkansas's vibrant Downtown submarket, presents a unique opportunity for businesses seeking a prominent presence. The building boasts a total of 16,674 square feet of space, currently entirely vacant and ready for immediate occupancy. The property is classified as Class B and sits on a 0.14-acre lot, providing ample space for both the building and convenient parking. A significant advantage is the inclusion of a private parking lot with over 30 spaces, ensuring convenient parking for employees and clients. The building's single-tenant configuration offers flexibility and control for the new owner or tenant. Located in Pulaski County, with easy access to the city's amenities and transportation networks, this property is ideally situated for success. The asking lease rate is $14.75 per square foot, while the sale price is negotiable. This is an excellent opportunity to acquire a well-located, sizable office building in a thriving urban core. The property's size, parking, and prime location make it an attractive investment or lease opportunity for a variety of businesses. The building's creative office subtype suggests suitability for companies seeking a unique and inspiring workspace. Contact us today to learn more about this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $520,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $535,000
- Mixed-Use
- $575,000
- Hospitality
- $620,000
- Educational
- $525,000
- Residential Income
- $560,000
- Energy
- $605,000
- Income-Based Land
- $570,000
- Food Service
- $610,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2727
- Latitude
- 34.7411
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA