105 W Capitol Ave Little Rock, AR 72201
- Office buildings
- 73,888 SF
- 0.64 lot acres
Current Use by Public Records
- united states deputy warden's association / Association Or Organization
- Levi Foster Mobile Toilet Rentals / Party Supply Store / Rental Equipment Company
- Community Corrections Department / Government Office / Correctional Services Department
Property Details for 105 W Capitol Ave
- Year built
- 1983
- Lot size
- 0.64 lot acres
- Property size
- 73,888 SF
- Property type
- Office buildings
- APN
- 34L-020-04-093-00
- APU
- 34L0200409300
Description
This exceptional 73,888 square foot, six-story office building, located at 105 W Capitol Ave in Little Rock, Arkansas, presents a unique investment opportunity. Situated at the corner of South Louisiana and West Capitol, it boasts 415 feet of frontage on South Louisiana Street, offering unparalleled visibility. Its prime location places it within walking distance of the River Market District, Main Street Creative Corridor, Financial Quarter, and Commercial Business District, enhancing its appeal to a wide range of businesses. The building's proximity to the recently revitalized Boyle Building, soon to house the Arkansas Attorney General's office, further strengthens its desirability. The property is zoned UU (Urban Use) and offers customizable office space suitable for both startups and established companies. Ample parking is available throughout the downtown area, including free street parking along South Louisiana Street, and 11 dedicated parking spaces. The building's recent improvements include a roof replacement in 2022. Easy access to major thoroughfares, including I-630 and I-30, ensures convenient connectivity. This strategic location, coupled with its competitive asking price of $4,000,000, makes this a compelling investment in Little Rock's thriving urban core. The building's unique architectural design and its proximity to essential amenities, including banks, law firms, restaurants, and cultural venues, make it an ideal location for businesses seeking a vibrant and convenient urban setting.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,859,000
Market price range: $5.36M - $11.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,495,000 Current use
- AUTO REPAIR, GARAGE
- $8,460,000 Change: -0% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2721
- Latitude
- 34.7439
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA