5312 Markham St Little Rock, AR 72205-3528
- Office buildings
- 4,872 SF
- 0.32 lot acres
Current Use by Public Records
- Stevens-Dell & Associates: Garrett John / Insurance Agency
- King Doug / Insurance Agency
- Encompass Financial Partners / Financial Planner
- Verity Mortgage: Rabih Aboukheir / Loan Agency / Mortgage Lender
- Koone Kevin / Insurance Agency
Property Details for 5312 Markham St
- Year built
- 1974
- Lot size
- 0.32 lot acres
- Property size
- 4,872 SF
- Property type
- Office buildings
- APN
- 34L-100-00-091-00
- APU
- 34L1000009100
Description
This exceptional investment opportunity presents a vacant, two-story Class B office building ideally situated in Little Rock's vibrant Midtown area. The property, located at 5312 W Markham St, boasts 4,872 square feet of usable space, perfect for a variety of commercial uses. The building sits on a substantial 14,859 square foot lot and includes ample parking with 20 spaces available. Currently vacant, this presents a blank canvas for a new tenant or an opportunity for owner-occupancy. The building is zoned O3, allowing for flexibility in potential uses. With its prime location and substantial size, this property offers significant potential for return on investment. The single building structure is a multi-tenant configuration, providing options for future development or leasing strategies. The asking price is $875,000. This is a rare chance to acquire a well-located, sizable office building in a thriving Arkansas market. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $795,000
- 6.5%
- $745,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $830,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $775,000
- Retail
- $665,000
- Mixed-Use
- $755,000
- Hospitality
- $775,000
- Educational
- $825,000
- Residential Income
- $890,000
- Energy
- $645,000
- Income-Based Land
- $695,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3324
- Latitude
- 34.7525
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
