4001 Pratt Remmel RdLittle Rock, AR 72206

Property Details for 4001 Pratt Remmel Rd

Year built

1994

Lot size

2.28 AC

Property size (Sq ft)

23,640 SF

Property type

Office properties

Property subtype

Office buildings

APN

24L-015-02-002-00

APU

24L0150200200

Description

This exceptional 23,520-square-foot industrial property, situated on a 2.27-acre lot in Little Rock, Arkansas, is available for sale at $1,500,000. The single-story building offers a versatile layout ideal for distribution or warehousing operations. The property features three dock-high doors, providing efficient loading and unloading capabilities. Its strategic location offers convenient access to I-440, ensuring seamless connectivity within the Port of Little Rock area. The building is currently vacant and ready for immediate occupancy on November 6, 2024. This prime location within Pulaski County, zip code 72206, presents a significant opportunity for businesses seeking a well-equipped and strategically positioned industrial space. The property's address is 4001 Pratt Remmel Rd. This is a rare opportunity to acquire a functional and well-located industrial asset in a thriving market. The property is classified as a distribution and warehouse facility. The building is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,847,504

  6.5%

  $3,551,543

  7%

  $3,297,861

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,690,969

  Geo Method

  $1,690,969

• Alternative Use

  Use

  Valuation

  Residential

  $4,403,913

  Hospitality

  $4,033,960

  Educational

  $3,356,208

  Medical

  $3,471,633

  Retail

  $5,220,768

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7112

Longitude

-92.2114

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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