Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15310 Mac Arthur Dr N Little Rock, AR 72118-1447
    Property profile & analytics

    15310 Mac Arthur Dr, N Little Rock, AR 72118-1447

    View on Map
    • Office buildings
    • 14,784 SF
    • 3.02 lot acres
    Off-Market
    Last Sale Jul 18, 2023
    $265,000
    Property ID
    US05-0288310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 15310 Mac Arthur Dr

    Year built
    1989
    Lot size
    3.02 lot acres
    Property type
    Office buildings
    APN
    42R-024-49-001-01
    APU
    42R0244900101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    N Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.347
    Latitude
    34.8782
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,602
    $12,080
    $78,501
    $90,581
    -
    $60,400
    $392,505
    $452,905

    Comparable in this City

    • Value Estimation by Request
      768 SF

      10018 Pickard Rd

      OFFICE BUILDING
      10018 Pickard Rd, N Little Rock, AR 72118-1850
      View Details
    • Value Estimation by Request
      896 SF

      11007 Mac Arthur Dr

      OFFICE BUILDING
      11007 Mac Arthur Dr, N Little Rock, AR 72118-1828
      View Details
    • Value Estimation by Request
      2,775 SF

      3627 Mac Arthur Dr

      OFFICE BUILDING
      3627 Mac Arthur Dr, N Little Rock, AR 72118-4864
      View Details
    • Value Estimation by Request
      288 SF

      5001 Mac Arthur Dr

      OFFICE BUILDING
      5001 Mac Arthur Dr, N Little Rock, AR 72118-3711
      View Details
    • Value Estimation by Request
      1,248 SF

      7010 Crystal Hl Rd

      OFFICE BUILDING
      7010 Crystal Hl Rd, N Little Rock, AR 72118-5269
      View Details
    • Value Estimation by Request
      5,080 SF

      4924 Hillard Rd

      OFFICE BUILDING
      4924 Hillard Rd, N Little Rock, AR 72118-2477
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,840 SF

      Warehouse and Office For Sale

      Income-producing warehouse and office space with residential rental.
      5303 Crystal Hill Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      420 SF

      North Little Rock Office Suite

      Executive office suite in North Little Rock, Arkansas for sale.
      4801 Northshore Office 118 Dr, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      256 SF

      North Little Rock Office Suite

      Private office suites with easy access to Central Arkansas.
      4801 Northshore Office 111 Dr, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      Versatile Commercial Flex Property

      7,500 SF available, suitable for office, retail, or industrial.
      3300 Pike Ave, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      256 SF

      North Little Rock Office Suite

      Private, secure office suites with easy access to Central Arkansas.
      4801 Northshore Office 116 Dr, North Little Rock, AR 72118
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Remodeled Retail and Office Space

      Newly remodeled retail/office space near Argenta Arts District, North Little Rock.
      3308 Pike Ave, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      Mac Arthur Drive Land Available

      11.59 acres of land for lease on Mac Arthur Drive.
      18719 Mac Arthur Dr, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      11,660 SF

      Retail Space with Loading Dock

      Shell retail space with sprinkler system and loading dock access.
      3801 Camp Robinson Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      6,050 SF

      Retail Space in North Little Rock

      Retail space available in a busy shopping center.
      4401 Camp Robinson Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      96,740 SF

      96,740 SF Industrial Building

      Industrial building featuring 96,740 SF, fenced yard, and dock doors.
      8328 Mac Arthur Dr, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      North Little Rock Warehouse Space

      Warehouse space with easy interstate access and multiple doors.
      2114 W 38Th St, North Little Rock, AR 72118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15310 Mac Arthur Dr
    N Little Rock, AR 72118-1447
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15310 Mac Arthur Dr, N Little Rock, AR, 72118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!