Property profile

5505 65th St Little Rock, AR 72209

OFF-MARKET
Warehouses
Property ID
US05-2344769
33,600 SF 2.73 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 33,600-square-foot industrial warehouse, located at 5505 W 65th St in Little Rock, Arkansas, presents a significant opportunity. The single-tenant property sits on a 2.73-acre lot and is classified as Class C. Built in 1980, this one-story building boasts impressive features including ceiling heights ranging from 24 feet to 33 feet 4 inches, providing ample vertical space for storage and operations. The property includes two dock-high doors and three drive-in doors, ensuring efficient loading and unloading. Power is supplied via a 3-phase system. The building offers a versatile layout, comprising approximately 6,500 square feet of office space and 27,100 square feet of warehouse space. Currently vacant, the property is undergoing significant upgrades, scheduled for completion in Summer 2024. This turnkey solution is perfectly suited for businesses seeking a functional and well-located distribution center in Pulaski County, Arkansas. The property's zip code is 72209. The space is ready for immediate occupancy upon completion of the planned improvements.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 33,600 SF
Lot 2.73 ac (118,919 SF)
APN 34L-381-00-001-00
UPID US05-2344769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

5505 65th St Little Rock, AR 72209-3823
Little Rock metro Census 2002 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2024
Last sale
$1.4M
4 recorded transactions
2024
$1.4M
2023
Price N/A
2008
$875,000
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.3M +112.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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