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    Property profile & analytics

    4261 Stockton Dr North Little Rock, AR 72117

    • Office Properties & Spaces
    • 30,717 SF
    • 2.13 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-2236448
    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

    • Office Properties & Spaces

    Property Details for 4261 Stockton Dr

    Year built
    2017
    Lot size
    2.13 lot acres
    Property size
    30,717 SF
    Property type
    Office Properties & Spaces
    APN
    23N-011-01-004-12
    APU
    23N0110100412

    Description

    This exceptional Class A medical office building, Stockton Medical Plaza, offers ±2,646 square feet of immediately available shell space in Suite LL101. Located at 4261 Stockton Drive in North Little Rock, Arkansas, 72117, this property presents a unique opportunity for medical professionals seeking a modern and efficient workspace. The building boasts a total of 27,721 square feet, and is situated in Pulaski County. The available space is ideal for a variety of medical practices, offering flexibility in design and build-out to meet specific needs. The building's Class A designation reflects its high-quality construction and amenities. The multi-tenant environment fosters a collaborative atmosphere. This prime location in North Little Rock provides excellent visibility and accessibility, ensuring convenient access for patients and staff. The property's strategic placement offers easy access to major transportation routes, enhancing its appeal to both patients and employees. This is a rare opportunity to secure high-quality medical office space in a thriving area of North Little Rock. Don't miss out on this chance to establish or expand your medical practice in this desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,770,000
      6.5%
      $4,400,000
      7%
      $4,090,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,661,000
      Market price range: $1.50M - $5.66M
      AI Estimate
      $7,697,000
      Market price range: $662k - $9.19M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $5,300,000

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

    Location Insight

    • Map
    • Local Demand
    City
    N Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.217
    Latitude
    34.7861
    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
    $54,251
    $173,880
    $742,520
    $916,400
    -
    $869,400
    $3,712,600
    $4,582,000

    Comparable in this City

    • Value Estimation by Request
      13,686 SF

      4600 Mccain Blvd

      Medical offices • 13,686 SF
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    • Value Estimation by Request
      850 SF

      4620 Broadway St

      Office Properties & Spaces • 850 SF
      4620 Broadway St, North Little Rock, AR 72117
      View Details
    • Value Estimation
      $7,645,000
      106,372 SF

      4300 Stockton Dr

      OFFICE (GENERAL) • 106,372 SF
      4300 Stockton Dr, N Little Rock, AR 72117-2917
      View Details
    • Value Estimation by Request
      976 SF

      7830 Hwy 70

      OFFICE BUILDING • 976 SF
      7830 Hwy 70, N Little Rock, AR 72117-9562
      View Details
    • Value Estimation by Request
      1,000 SF

      4020 Richards Rd, Unit D9

      MEDICAL BUILDING • 1,000 SF
      4020 Richards Rd, N Little Rock, AR 72117-2650
      View Details
    • Value Estimation by Request
      1,000 SF

      4020 Richards Rd, Unit 11E

      MEDICAL BUILDING • 1,000 SF
      4020 Richards Rd, N Little Rock, AR 72117-2650
      View Details

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      Office Space with Training Room

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    Similar Nearby for Lease

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      27,721 SF

      Stockton Medical Plaza Office Space

      Prime Medical Office Space, North Little Rock, AR
      4261 Stockton Dr, North Little Rock, AR 72117
      View Details
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      35,000 SF

      Equipped Customer Care Center Opportunity

      Ready-to-use customer care center with existing infrastructure and equipment.
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      North Little Rock Office Space

      Office space available in North Little Rock, 821 square feet.
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      4,500 SF

      Shell Condition Office Space

      Shell condition office space with tenant finish allowance available.
      4300 Stockton Dr, North Little Rock, AR 72117
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      27,721 SF

      Office Space in Springhill Corridor

      Shell office space available for rent in North Little Rock.
      4261 Stockton Dr, North Little Rock, AR 72117
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      Commercial Outparcel for Lease

      0.80 acre outparcel ideal for QSR, medical, or retail.
      11100 S 165, North Little Rock, AR 72117
      View Details
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    North Little Rock, AR 72117
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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