Property profile

1601 Westpark Dr Little Rock, AR 72204

OFF-MARKET
Industrial properties
Property ID
US05-0440025
74,244 SF 3.93 ac lot Built 1983
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Westpark Warehouse offers 71,821 square feet of prime flex and warehouse space in Little Rock, Pulaski County. This multi-tenant property features two suites, with a minimum divisible space of 2,678 square feet and a maximum contiguous space of 5,700 square feet. Currently, 8,378 square feet are vacant, offering excellent opportunities for businesses seeking flexible solutions. The building boasts desirable features including 18-foot ceiling heights, providing ample vertical space for storage or high-volume operations. Dock-high loading doors ensure efficient and convenient loading and unloading of goods. The available space includes office areas, making it suitable for businesses requiring a blend of office and warehouse functionality. Suites can be combined to accommodate a wider range of space requirements, providing flexibility to meet diverse business needs. This property presents a unique opportunity for businesses seeking a functional and adaptable workspace in a strategic Little Rock location. The combination of warehouse and office space, along with the flexible suite options and convenient loading capabilities, makes this an attractive option for a variety of industries.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1983
Total area 74,244 SF
Lot 3.93 ac (171,191 SF)
APN 44L-109-00-004-00
UPID US05-0440025

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
  • Department Store
  • HVAC Service General Contractor
  • Business Management Consultant Software Company
  • Furniture & Home Goods Home Decor Store
  • Physician

Location

1601 Westpark Dr Little Rock, AR 72204-2418
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
$2.62M
Blend (final) Blend
$700k

Owner & transaction history

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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