200 S University Ave, Little Rock, AR 72205
For Sale
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This exceptional two-story office building, totaling ±18,916 square feet, is ideally situated on a 0.6-acre lot in Little Rock's vibrant Midtown area. Located at 200 S University Ave, 72205, this Class B property offers a versatile layout suitable for various uses, including medical, higher education, or general office spaces. The building features approximately 9,092 square feet of office space on each of its two floors. Ample parking is available, including a convenient covered ground-level parking area. The property boasts excellent visibility and accessibility, with direct ingress/egress to University Avenue at a well-lit intersection. This prime location is in the heart of Midtown's medical district, providing easy access to key amenities and a strong tenant pool. The asking price is $2,175,000, translating to $114.98 per square foot. The seller is offering an attractive incentive: a 4% commission on the purchase price or total gross rents to the tenant's firm. This presents a unique opportunity to acquire a well-positioned, versatile office building in a thriving Little Rock neighborhood.
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Eastern College-Health Vctns College
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Pulaski County Health Administration Public Health Department
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.