Back to Search
Property profile & analytics
FOR LEASE
Flex space
4200 Hoerner Rd Little Rock, AR 72209
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0318370
For Lease
1 / 5
$1,305,000
4200 Hoerner Rd, Little Rock, AR 72209
View Listing →
Property summary
AI-generated overview
This Little Rock, Arkansas industrial property, located at 4200 Hoerner Rd, offers 110,000 square feet of warehouse and distribution space for lease. The single-story, Class B building sits on a 12.81-acre lot and was built in 1962, undergoing a complete renovation in 2022. The property features a minimum divisible space of 50,000 square feet, with a maximum contiguous space of 110,000 square feet, making it suitable for a variety of business needs. Ceiling heights range from 18 to 20 feet, and the facility includes both dock-high and drive-in loading capabilities. The property is situated in Pulaski County, Arkansas, with easy access to major transportation routes (specific details not provided). This multi-tenant building provides ample space for storage and distribution operations. The property's recent renovation ensures modern functionality and efficiency. The expansive lot offers significant secure yard space. This is an excellent opportunity for businesses seeking a well-maintained, spacious industrial facility in a prime location. The property is available for lease.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1962
Total area
122,694 SF
Lot
13.72 ac (597,643 SF)
APN
34L-339-00-026-00
UPID
US05-0318370
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hackbarth Delivery Service Trucking Company
-
Granite Expressions, LLC Home Decor Store Department Store
-
Innovative Sculpture Design Sculpture Sculptor
-
LPMM Supply, LLC Home Decor Store Furniture & Home Goods
-
Little Rock Pest Animal Trapping Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.31M
Owner & transaction history
4200 Hoerner LLC · 4 yrs held
4200 Hoerner LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,310,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.30M (May 3 2022)
Last sale anchor
$1.30M
May 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,052
Tax year 2024
Assessed value
$257,889
Assessed 2024
Previous assessed
$257,889
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$99,800
Assessed improvement
$158,089
Land market value
$499,000
Improvement market value
$790,445
Total market value
$1,289,445
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1962
Heating
NONE
Cooling
NONE
Stories
1
Total area
122,694 SF
Lot
13.72 ac (597,643 SF)
APN
34L-339-00-026-00
UPID
US05-0318370
Jurisdiction
PULASKI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Cooling
Yes
Stories
1
Lot
13.72 ac
Current owner
From public records · entity-resolved
4200 Hoerner LLC
Entity
Mailing address
1 ALLIED DR STE #1500, LITTLE ROCK, AR 72202-2067
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2022
$1,295,000
4200 Hoerner LLC
Thg Payne LLC
Warranty Deed
$3,849,700 · Relyance Bank NA
Aug 7, 2018
—
Thg Payne LLC
—
Deed
related
$408,000 · Arvest Bank
Oct 22, 2014
$850,000
Tri Star Properties LLC
R E D Land LLC
Warranty Deed
$824,100 · Regions Bank
Aug 21, 2006
$1,650,000
Red Land LLC
Ellis,william G & Alda M
Warranty Deed
$1,400,000 · Metropolitan National Bank
—
—
Red Land LLC
—
Deed Of Trust
related
$1,527,799 · Metropolitan National Bank
—
—
Red Land LLC
—
Deed Of Trust
related
$750,000 · Bank Of Little Rock
—
—
R E D Land LLC
—
Deed Of Trust
related
—
—
—
R E D Land LLC
—
Deed Of Trust
related
—
—
—
Red Land LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
