Property profile

1501 Westpark Dr Little Rock, AR 72204

FOR SALE
Industrial properties
Property ID
US05-0350139
113,085 SF 5.61 ac lot Built 1979
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This ±70,000 square foot flex warehouse/office space is available for lease in Little Rock, Arkansas. Located at 1501 Westpark Dr, 72204, in Pulaski County, this property offers a prime location with convenient access to major interstates including I-630, I-430, I-30, and I-40, ensuring efficient transportation and logistics. The building boasts 18-foot clear ceiling heights, providing ample vertical space for storage or operations. The space includes functional office areas, a conference room, and a break room, catering to diverse business needs. The property features multiple loading options with four 10x10 overhead doors, four 8x8 overhead doors, two 8x8 box and straight-truck doors, one 14x14 grade-level roll-up door, and one 16x16 grade-level roll-up door. This versatile property is ideal for businesses requiring a blend of warehouse and office functionality, offering a strategic location and comprehensive amenities. The single-tenant occupancy ensures privacy and control. This is a fantastic opportunity to secure a well-appointed and strategically located industrial space in a thriving Arkansas market. Inquire today for lease terms and availability.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1979
Total area 113,085 SF
Lot 5.61 ac (244,372 SF)
APN 44L-109-00-003-00
UPID US05-0350139

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
  • HVAC Service General Contractor
  • Industrial Manufacturer Production Facility
  • HVAC Service General Contractor

Location

1501 Westpark Dr Little Rock, AR 72204
Little Rock metro Census 2102 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.00M
Blend (final) Blend
$870k

Owner & transaction history

since 2019
7 recorded transactions
2022
Price N/A
2019
$8.8M
2018
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2012
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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