Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4801 Northshore Office 111 Dr North Little Rock, AR 72118
    Back to Search
    Property profile & analytics

    4801 Northshore Office 111 Dr North Little Rock, AR 72118

    View on Map
    • Warehouses
    • 12,600 SF
    • 2.58 lot acres
    For Sale
    $1,335,000
    View Listing →
    North Little Rock Office Suite For Sale
    $1,335,000
    420 SF

    North Little Rock Office Suite

    Executive office suite in North Little Rock, Arkansas for sale.

    4801 NorthShore Office 118 Drive, North Little Rock, AR 72118
    View Listing
    Property ID
    US05-0452982
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 4801 Northshore Office 111 Dr

    Year built
    2000
    Lot size
    2.58 lot acres
    Property size
    12,600 SF
    Property type
    Warehouses
    APN
    43N-008-03-003-00
    APU
    43N0080300300

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,035,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,309,000
      Market price range: $412k - $1.31M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,175,000
      RETAIL STORES
      $1,245,000
      COMMERCIAL (GENERAL)
      $1,130,000
      AUTO REPAIR, GARAGE
      $1,110,000
      NEIGHBORHOOD: SHOPPING CENTER
      $995,000

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

    Location Insight

    • Map
    • Local Demand
    City
    N Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3531
    Latitude
    34.8063
    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
    $14,066
    $112,384
    $125,216
    $237,600
    -
    $561,920
    $626,080
    $1,188,000

    Comparable in this City

    • Value Estimation by Request
      1,040 SF

      1800 37th St

      WAREHOUSE, STORAGE • 1,040 SF
      1800 37th St, N Little Rock, AR 72118-4761
      View Details
    • Value Estimation by Request
      1,896 SF

      7215 Frst Dl Dr

      WAREHOUSE, STORAGE • 1,896 SF
      7215 Frst Dl Dr, N Little Rock, AR 72118
      View Details
    • Value Estimation by Request
      3,244 SF

      5313 Standridge Rd

      WAREHOUSE, STORAGE • 3,244 SF
      5313 Standridge Rd, N Little Rock, AR 72118-2437
      View Details
    • Value Estimation by Request
      3,000 SF

      3812 Nona St

      WAREHOUSE, STORAGE • 3,000 SF
      3812 Nona St, N Little Rock, AR 72118-4233
      View Details
    • Value Estimation by Request
      1,250 SF

      7312 Con Ark Dr

      WAREHOUSE, STORAGE • 1,250 SF
      7312 Con Ark Dr, N Little Rock, AR 72118
      View Details
    • Value Estimation by Request
      3,000 SF

      7108 Crystal Hl Rd

      WAREHOUSE, STORAGE • 3,000 SF
      7108 Crystal Hl Rd, N Little Rock, AR 72118-5270
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,360 SF

      Flex Office-Warehouse Investment Opportunity

      6,360 SF flex building on 0.74 acres for sale.
      7000 Crystal Hill Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      Versatile Commercial Flex Property Available

      7,500 SF flex space suitable for various commercial uses.
      3300 Pike Ave, North Little Rock, AR 72118
      View Details
    • $979,000
      12,840 SF

      Warehouse and Office For Sale

      Income-producing warehouse and office space with residential rental.
      5303 Crystal Hill Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      Versatile Commercial Flex Property

      7,500 SF available, suitable for office, retail, or industrial.
      3300 Pike Ave, North Little Rock, AR 72118
      View Details
    • $795,000

      North Little Rock Warehouse For Sale

      15,600 SF building with cold storage and freezer space.
      28 Remount Rd, North Little Rock, AR 72118
      View Details
    • $175,000
      0.49 Acres

      North Little Rock Land Parcel

      Half-acre lot with metal building in North Little Rock.
      7423 Service Rd, North Little Rock, AR 72118
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      96,740 SF

      96,740 SF Industrial Building

      Industrial building featuring 96,740 SF, fenced yard, and dock doors.
      8328 Mac Arthur Dr, North Little Rock, AR 72118
      View Details
    • Contact for pricing

      North Little Rock Warehouse Space

      Warehouse space with easy interstate access and multiple doors.
      2114 W 38Th St, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      7,000 SF

      North Little Rock Warehouse Space

      7,000 SF warehouse with easy interstate access.
      2112 W 38Th St, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      1,440 SF

      Remodeled Retail and Office Space

      Newly remodeled retail/office space near Argenta Arts District, North Little Rock.
      3308 Pike Ave, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      11,660 SF

      Retail Space with Loading Dock

      Shell retail space with sprinkler system and loading dock access.
      3801 Camp Robinson Rd, North Little Rock, AR 72118
      View Details
    • Contact for pricing
      6,050 SF

      Retail Space in North Little Rock

      Retail space available in a busy shopping center.
      4401 Camp Robinson Rd, North Little Rock, AR 72118
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4801 Northshore Office 111 Dr
    North Little Rock, AR 72118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4801 Northshore Office 111 Dr, North Little Rock, AR, 72118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!