501 Millwood Cir, Maumelle, AR 72113-6327
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.
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Erik Christopher Friedly Physician
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Andrew Freeman Oliver Physician
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ARcare Physician
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HOLLY ROGERS GAINES Physician
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ARcare Maumelle Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.