Property profile

11324 Arc Dr Little Rock, AR 72212

OFF-MARKET
Strip malls
Property ID
US05-2323811
24,510 SF 2 ac lot Built 1983
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,250-square-foot office space is available for lease in the vibrant Arcade Square plaza in Little Rock, Arkansas. Located at 11324 Arcade Drive, units 15 & 16, this single-tenant property offers a versatile layout suitable for various office configurations, including traditional office setups, executive suites, or coworking spaces. The property is classified as Retail, Office, and Special Purpose, providing flexibility for a range of businesses. Situated in Pulaski County, this location benefits from its proximity to major transportation arteries. Specifically, it's conveniently located just two miles north of the significant Big Rock I-430/I-630/Chenal Parkway interchange in West Little Rock, ensuring easy access for employees and clients. The property is part of a thriving mixed-use community, offering a dynamic and convenient environment. Ample free surface parking is available for added convenience. This prestigious mixed-use development enjoys a high-visibility location off the busy Rodney Parham corridor, providing excellent exposure for your business. The zip code is 72212. This is a fantastic opportunity to establish your business in a prime Little Rock location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Total area 24,510 SF
Lot 2 ac (87,120 SF)
APN 43L-112-00-015-00
UPID US05-2323811

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Research Foundation Association / Organization
  • Charitable Organization Social Service Agency
  • Construction Company General Contractor
  • Alternative Medicine Practice Spa & Massage Center
  • Insurance Agency

Location

11324 Arc Dr Little Rock, AR 72212-4074
Little Rock metro Census 2209 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$638k
Blend (final) Blend
$640k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2020
$1.7M
2020
Price N/A
2013
Price N/A
2008
$2.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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