323 Center St Little Rock, AR 72201
- High-rise multifamily apartments
- 193,906 SF
- 0.49 lot acres
Current Use by Public Records
- A Better You Therapeutic Solutions, PLLC / Mental Health Service / Social Worker
- Lucindas Massage Therapy Practice / Massage Therapist
- Arkansas District Export Council / Non-Profit Organization
- Law Office Of Danyelle Walker Pllc / Law Firm
- Ronald L Davis & Associates PLLC / Attorney
Property Details for 323 Center St
- Year built
- 1960
- Lot size
- 0.49 lot acres
- Property size
- 193,906 SF
- Property type
- High-rise multifamily apartments
- APN
- 34L-020-05-016-00
- APU
- 34L0200501600
Description
This eighteen-story office tower, located at 323 Center Street in Little Rock, Arkansas, offers 27,785 square feet of vacant, immediately available space. The building is currently configured for multiple tenants, with a minimum divisible space of 708 square feet and a maximum contiguous space of 9,305 square feet. Its prime downtown location places it one block from Main Street and the AC Marriott Hotel, offering easy access to the Technology Park, River Market, hotels, the convention center, and numerous restaurants and offices along Capital Avenue and Main Street. The building is also within walking distance of the courthouse and federal building. The recently renovated lobby, known as the Gallery, features retail space available for lease and showcases a unique sculpture, "The Quest," loaned to the building in 2019. Modern amenities include a parking deck adjacent to the building and a visually striking video screen display in the hallway connecting to the garage. The building currently houses a diverse range of tenants, including the Attorney General's offices, and other legal, professional, and medical offices. This property presents a unique opportunity for businesses seeking a prestigious and conveniently located office space in the heart of Little Rock. The building is classified as Executive Office and Medical Office space. The property is in Pulaski County, Arkansas, zip code 72201.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $805,000
- 7%
- $790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $840,000
- Geo Method
- $810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $795,000
- Retail
- $840,000
- Mixed-Use
- $745,000
- Hospitality
- $715,000
- Educational
- $705,000
- Residential Income
- $740,000
- Energy
- $810,000
- Income-Based Land
- $745,000
- Food Service
- $810,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2729
- Latitude
- 34.7457
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
