200 University Ave Little Rock, AR 72205
- Office buildings
- 28,535 SF
- 0.60 lot acres
Current Use by Public Records
- Eastern College-Health Vctns / College
- Pulaski County Health Administration / Public Health Department
Property Details for 200 University Ave
- Year built
- 1983
- Lot size
- 0.60 lot acres
- Property size
- 28,535 SF
- Property type
- Office buildings
- APN
- 44L-001-00-043-01
- APU
- 44L0010004301
Description
This exceptional two-story office building, totaling ±18,916 square feet, is ideally situated on a 0.6-acre lot in Little Rock's vibrant Midtown area. Located at 200 S University Ave, 72205, this Class B property offers a versatile layout suitable for various uses, including medical, higher education, or general office spaces. The building features approximately 9,092 square feet of office space on each of its two floors. Ample parking is available, including a convenient covered ground-level parking area. The property boasts excellent visibility and accessibility, with direct ingress/egress to University Avenue at a well-lit intersection. This prime location is in the heart of Midtown's medical district, providing easy access to key amenities and a strong tenant pool. The asking price is $2,175,000, translating to $114.98 per square foot. The seller is offering an attractive incentive: a 4% commission on the purchase price or total gross rents to the tenant's firm. This presents a unique opportunity to acquire a well-positioned, versatile office building in a thriving Little Rock neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3419
- Latitude
- 34.7513
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
