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    Property profile & analytics
    OFF-MARKET Estimated value $1,025,000
    Strip malls

    11324 Arc Dr, Little Rock, AR 72212-4074

    24,510 SF 2 ac lot Built 1983
    Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-2323811
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • JDRF, Arkansas Chapter Professional Services Research Foundation
    • Arkansas Independent Living Charitable Organization Social Service Agency
    • R B Ferguson Custom Homes Construction Company General Contractor
    • Stephenie A Cooke | Certified Reflexologist Arkansas Alternative Medicine Practice Spa & Massage Center
    • iTrust Insurance Group Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $640k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $638k
    Blend (final) Blend
    $1.03M
    Owner & transaction history
    Roach Limited Partership No 1 · 5 yrs held
    Roach Limited Partership No 1
    since 2021
    5 recorded transactions
    2021
    2020
    $1.7M
    2020
    2013
    2008
    $2.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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