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Property profile & analytics

212 Center St Little Rock, AR 72201

  • Office buildings
  • 1,536 SF
Value Estimations
Cap Rate Potential
6%
Office buildings
Location Intelligence
Property ID
US05-0374027
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.

Current Use by Public Records

  • Mays, Byrd & Associates, P.A. / Personal Injury Attorney
  • Hoeyw Doug / Attorney
  • Richardson Jennifer L / Attorney
  • Davis Law Firm / Attorney
  • Wallace, Martin, Duke & Russell, PLLC / General Practice Attorney

Property Details for 212 Center St

Year built
1917
Property size
1,536 SF
Property type
Office buildings
APN
34L-030-03-007-00
APU
34L0300300700

Description

This exceptional 3,084-square-foot office condo, located on the entire 11th floor of 212 Center Street in Little Rock, Arkansas, presents a unique investment opportunity. Priced at $350,000, this vacant Class B property offers a sophisticated and efficient layout, including six private offices, two conference rooms, a fully equipped kitchen, and a dedicated copy room. The space boasts expansive city and Arkansas River views. Built in 1917, the building features recently renovated elevators, ensuring convenient access to this desirable 11th-floor location. Furthermore, the 11th floor benefits from its own independent HVAC system, providing optimal climate control. Convenient parking is available adjacent to the building, adding to its appeal. Its central downtown location offers unparalleled access to the Statehouse Convention Center, numerous hotels, and a vibrant selection of restaurants along Main Street and in the River Market district. The property is ready for immediate occupancy, with an occupancy date of October 30, 2024. This full-floor office condo is professionally managed by the building's Homeowners' Association, providing peace of mind for the new owner. This is a rare opportunity to acquire a well-appointed, conveniently located office space in the heart of Little Rock's thriving downtown area. The property is currently vacant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $260,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $260,000
    6.5%
    $240,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $192,000
    Market price range: $111k - $241k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $175,000
    Current use
    COMMERCIAL (GENERAL)
    $285,000
    Change: +62% Conversion: Easy
    MEDICAL BUILDING
    $250,000
    Change: +43% Conversion: Easy
    RETAIL STORES
    $235,000
    Change: +33% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $200,000
    Change: +14% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $175,000
    Change: -0% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Little Rock
County
Pulaski
State
Arkansas
Longitude
-92.2734
Latitude
34.7467
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
$1,890
$0.00
$27,000
$27,000
-
$0.00
$135,000
$135,000
More about this property
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