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Property profile & analytics
FOR LEASE
Medical Office Space

4701 Fairway Ave North Little Rock, AR 72116

9,909 SF 0.79 ac lot Built 2002
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US05-0440400
Property summary
AI-generated overview

This single-story, 9,909 square foot Class B medical office building, constructed in 2002, is situated on a 0.79-acre lot at 4701 Fairway Ave, North Little Rock, AR 72116. The property features a convenient location with easy access to McCain Boulevard and ample parking (4 spaces per 1000 square feet). Currently, there are 3,000 square feet of vacant space available, divisible into units ranging from 2,300 to 5,100 square feet. The building is ideal for medical practices seeking a well-established presence in a thriving community. The building's single-story design offers easy accessibility and navigation. Its location within North Little Rock's densely populated residential areas ensures high visibility and convenient access for patients. The property's proximity to diverse dining options further enhances its appeal. The full-service lease rate is $22.00 per square foot. This is a multi-tenant building offering a unique opportunity to establish or expand a medical practice in a desirable location. The property boasts a strong parking ratio, ensuring ample space for patients and staff. The available space presents a flexible layout adaptable to various medical specialties.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2002
Total area 9,909 SF
Lot 0.79 ac (34,412 SF)
APN 33N-019-05-537-06
UPID US05-0440400
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$285k
Owner & transaction history
Jmj Family Properties LLC · 7 yrs held
Jmj Family Properties LLC
since 2019
5 recorded transactions
2019
$120,000
2017
$525,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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