Property profile & analytics
5430 Landers Rd North Little Rock, AR 72117
- Office buildings
- 71,005 SF
- 6.82 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US05-0430480
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.
Current Use by Public Records
- Wipro Limited / Corporate Office
Property Details for 5430 Landers Rd
- Year built
- 1989
- Lot size
- 6.82 lot acres
- Property size
- 71,005 SF
- Property type
- Office buildings
- APN
- 23S-057-04-002-00
- APU
- 23S0570400200
Description
This exceptional property located at 5430 Landers Rd, North Little Rock, AR 72117, presents a unique investment opportunity. The building, previously utilized as a call center, boasts substantial existing infrastructure, ready for adaptive reuse. The 21-foot clear ceiling height and rear dock-high access provide excellent functionality for various industrial, office, or retail purposes. A significant advantage is the ample on-site parking, with 600 spaces available. This makes the property highly attractive for businesses requiring extensive parking for employees or customers. The property's flexible zoning allows for redevelopment into a modern flex space or retail center, catering to a wide range of potential tenants. The location in Pulaski County, Arkansas, offers convenient access to major transportation routes and a growing market. This is an ideal opportunity for investors seeking a high-return property with significant upside potential. The existing infrastructure significantly reduces redevelopment costs and time, making this a compelling investment in a thriving Arkansas market. The property's size and features make it suitable for a variety of uses, offering flexibility and adaptability to meet the needs of a diverse range of businesses.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,611,000
- AI Estimate
- $5,521,000
Market price range: $2.58M - $7.80MMarket price range: $1.77M - $9.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,365,000 Current use
- RETAIL STORES
- $7,025,000 Change: +31% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $6,375,000 Change: +19% Conversion: Easy
- AUTO REPAIR, GARAGE
- $6,250,000 Change: +16% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $5,600,000 Change: +4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2112
- Latitude
- 34.8005
- 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
$54,528
$395,768
$650,832
$1,046,600
-
$1,978,840
$3,254,160
$5,233,000
