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    FOR SALE
    Industrial properties

    1501 Westpark Dr, Little Rock, AR 72204

    113,085 SF 5.61 ac lot Built 1979
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0350139
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Best HVAC Parts & Supply HVAC Service General Contractor
    • Trade Fixtures/New Leaf Designs Industrial Manufacturer Production Facility
    • Harrison Energy Partners HVAC Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.00M
    Blend (final) Blend
    $3.58M
    Owner & transaction history
    Park Crest Apartments LLC · 6 yrs held
    Park Crest Apartments LLC
    since 2019
    7 recorded transactions
    2022
    2019
    $8.8M
    2018
    2018
    2018
    2018
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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