Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5700 Murray St Little Rock, AR 72209-2541
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5700 Murray St Little Rock, AR 72209-2541

    View on Map
    • Office buildings
    • 11,792 SF
    • 1.51 lot acres
    Off-Market
    Property ID
    US05-0270913
    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.
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Communications Supply Service Association (CSSA) / Electronics & Wireless Store

    Property Details for 5700 Murray St

    Year built
    1970
    Lot size
    1.51 lot acres
    Property size
    11,792 SF
    Property type
    Office buildings
    APN
    34L-339-00-100-00
    APU
    34L3390010000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $685,000
      Market price range: $393k - $1.96M
      AI Estimate
      $658,000
      Market price range: $275k - $1.25M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $800,000
      Current use
      INDUSTRIAL (GENERAL)
      $650,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3154
    Latitude
    34.6973
    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
    $6,881
    $13,155
    $85,145
    $98,300
    -
    $65,775
    $425,725
    $491,500

    Comparable in this City

    • Value Estimation
      $725,000
      8,000 SF

      4501 Hoffman Rd

      OFFICE BUILDING • 8,000 SF
      4501 Hoffman Rd, Little Rock, AR 72209-2437
      View Details
    • Value Estimation by Request
      1,560 SF

      4013 Baseline Rd

      OFFICE BUILDING • 1,560 SF
      4013 Baseline Rd, Little Rock, AR 72209-5409
      View Details
    • Value Estimation by Request
      1,316 SF

      6614 Forbing Rd

      OFFICE BUILDING • 1,316 SF
      6614 Forbing Rd, Little Rock, AR 72209-3454
      View Details
    • Value Estimation by Request
      9,216 SF

      7th Senate Dr

      OFFICE BUILDING • 9,216 SF
      7th Senate Dr, Little Rock, AR 72209
      View Details
    • Value Estimation by Request
      1,208 SF

      8403 Geyer Spgs Rd

      OFFICE BUILDING • 1,208 SF
      8403 Geyer Spgs Rd, Little Rock, AR 72209-4947
      View Details
    • Value Estimation
      $15,790,000
      192,084 SF

      7000 Interstate 30

      OFFICE BUILDING • 192,084 SF
      7000 Interstate 30, Little Rock, AR 72209-3116
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Facility with Outdoor Storage

      8,056 SF facility on 5.22 acres with outdoor storage.
      5 Production Dr, Little Rock, AR 72209
      View Details
    • Contact for pricing

      6,000 SF Warehouse For Sale

      Warehouse space with flexible layout and convenient Little Rock location.
      5120 W 65Th St, Little Rock, AR 72209
      View Details
    • New
      $949,900
      7,620 SF

      Office/Warehouse with Fenced Yard

      7,620 SF office/warehouse with 2.34-acre fenced yard.
      7900 Doyle Springs Rd, Little Rock, AR 72209
      View Details
    • Contact for pricing
      15,850 SF

      Versatile Mixed-Use Commercial Space

      Spacious Little Rock property with offices, warehouse, and interstate frontage.
      8023 Interstate 30, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Flex Office/Warehouse Building For Sale

      6,522 SF flex space near Interstate 30.
      8107 Interstate 30, Little Rock, AR 72209
      View Details
    • $35,500
      0.07 Acres

      Ready-to-Build Lot in Little Rock

      Residential lot ready for immediate development in Little Rock, AR.
      5 Little St, Little Rock, AR 72209
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Office Building Near I-30

      5,000 SF office building with easy access to I-30.
      6520 Baseline Rd, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Office Space on Interstate 30

      34,214 SF office space available in Little Rock.
      7200 I-30, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Accessible Office Space on I-30

      2,500 SF office space with high visibility and accessibility.
      9912 I-30, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Office and Warehouse Space Available

      Office and warehouse spaces for lease, convenient location off I-30.
      8100 Scott Hamilton Dr, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Industrial Warehouse and Office Space

      Versatile industrial and office space for lease in Little Rock.
      1900 W 65Th St, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Office Space Near Interstate Access

      Office space in Little Rock near major interstates.
      11701 I-30, Little Rock, AR 72209
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5700 Murray St
    Little Rock, AR 72209-2541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!