Property profile

2200 E Roosevelt Rd Little Rock, AR 72206

FOR SALE
Office buildings
Property ID
US05-0368302
339,524 SF 26.87 ac lot Built 1956
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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2200 E Roosevelt Rd, Little Rock, AR 72206 For Sale
Contact for pricing 339,524 SF
2200 E Roosevelt Rd, Little Rock, AR 72206
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Property summary

AI-generated overview

This exceptional industrial land parcel, located at 2200 E Roosevelt Rd in Little Rock, Arkansas (zip code 72206), presents a unique investment opportunity. The property is situated on the southwest corner of a larger, fully leased 352,599 square foot industrial site currently occupied by Novus International, Inc., a leading developer and manufacturer of health and nutrition solutions for various agricultural sectors. This specific parcel offers ample space for a small fleet parking area and presents the potential for new construction, with building sizes ranging from 2,000 to 5,000 square feet. Its strategic location offers excellent access to the Little Rock Airport and major interstate highway systems, providing convenient transportation links for businesses. The land is available for outright sale, or the owner is open to co-development opportunities. This presents a compelling chance to acquire a well-positioned industrial site in a thriving area of Pulaski County, Arkansas. The property's proximity to established businesses and its potential for development make it an attractive proposition for investors and developers alike. Detailed site plans and further information are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 339,524 SF
Lot 26.87 ac (1,170,457 SF)
APN 34L-233-00-026-00
UPID US05-0368302

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
  • Pet Store & Service
  • Auto Repair Shop
  • Grocery & Convenience Store Distribution Center

Location

2200 E Roosevelt Rd Little Rock, AR 72206
Little Rock metro Census 1100 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.54M
Blend (final) Blend
$8.09M

Owner & transaction history

since 2022
Last sale
$8.0M
7 recorded transactions
2022
$8.0M
2020
Price N/A
2019
Price N/A
2019
Price N/A
2011
$425,000
2011
$425,000
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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