Property profile & analytics
1 Allied Dr Little Rock, AR 72202
- Office buildings
- 81,810 SF
- 10.50 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US05-0596549
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Centene Nova Systems / Medical Clinic
- Fletcher Elizabeth A / Law Firm / Insurance Agency
- Munson Rowlett Moore & Boone / Law Firm
- Dale Capital Partners / Financial Advisor
- ROCK CAPITAL GROUP / Corporate Office
Property Details for 1 Allied Dr
- Year built
- 1982
- Lot size
- 10.50 lot acres
- Property size
- 81,810 SF
- Property type
- Office buildings
- APN
- 33L-007-00-007-05
- APU
- 33L0070000705
Description
Riverfront Plaza, located at 1 Allied Dr, Little Rock, AR 72202, offers a diverse range of office spaces within its four Class A buildings. This exceptional property boasts a total of 409,035 square feet situated on a generous 17.77-acre lot. The twelve-story buildings provide a variety of office options, including executive suites, creative office spaces, coworking areas, and traditional office layouts, catering to a wide spectrum of business needs. Available spaces range from 2,009 to 18,155 square feet, offering flexibility for businesses of all sizes. The property features ample parking with 1000 spaces and convenient elevator access. Built in 1982, Riverfront Plaza benefits from its prime location on the Arkansas River, offering stunning river and bluff views. Its placement directly on the River Trail biking route adds to its appeal. Furthermore, the campus includes a 70-seat auditorium equipped with A/V capabilities, available for rental on a per-use basis, making it ideal for presentations, conferences, or other events. This exceptional property in Pulaski County presents a unique opportunity for businesses seeking a prestigious and well-equipped office space in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,850,000
- 6.5%
- $12,780,000
- 7%
- $11,870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,832,000
- AI Estimate
- $12,613,000
Market price range: $3.93M - $10.8MMarket price range: $2.80M - $12.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,160,000 Current use
- COMMERCIAL (GENERAL)
- $15,240,000 Change: +87% Conversion: Easy
- MEDICAL BUILDING
- $13,435,000 Change: +65% Conversion: Easy
- RETAIL STORES
- $12,490,000 Change: +53% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $10,685,000 Change: +31% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $9,370,000 Change: +15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3016
- Latitude
- 34.7626
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$174,608
$1,035,390
$1,459,010
$2,494,400
-
$5,176,950
$7,295,050
$12,472,000
