Property summary
This single-story brick office building, totaling 10,168 square feet, is situated on a 2.34-acre lot in Maumelle's desirable Outlying Pulaski County submarket. Currently, 1,600 square feet of space is available for lease, making it an excellent opportunity for expansion or a new business venture. The building, constructed in 1987, features 75 parking spaces, providing ample room for employees, clients, and deliveries. Its location offers easy access to Maumelle Boulevard and Interstate 40, ensuring convenient commutes. The property boasts a quiet, green neighborhood setting, ideal for professional office uses, and is within a mile of various amenities including restaurants, grocery stores, and shopping destinations. A key advantage is its proximity to the scenic Lake Willastein Park, offering employees and visitors a nearby recreational area. The building is zoned commercial and has a single story design. The property is well-suited for a variety of office tenants, including medical and traditional office users. The existing tenant, AR Care, demonstrates the building's suitability for medical practices. The property's address is on Millwood Circle, with a cross street of Audubon Drive, and its APN is 42M-026-00-007-03.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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