Property profile & analytics
7003 Vly Rnch Dr Little Rock, AR 72223-4696
- Office buildings
- 21,600 SF
- 2.30 lot acres
OFF-MARKET
Last Sale
Dec 19, 2024
Dec 19, 2024
Value Estimations
$2,840,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US05-0364197
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
- Innovative Outcomes / Production Facility
- Stine and Company Prime Homes / Construction Company / General Contractor
- EPIC Real Estate / Real Estate Agency
- Phoebe Blum, Realtor / Real Estate Agency
- Stephanie Caldwell, EPIC Real Estate / Real Estate Agency
Property Details for 7003 Vly Rnch Dr
- Year built
- 2008
- Lot size
- 2.30 lot acres
- Property size
- 21,600 SF
- Property type
- Office buildings
- APN
- 53L-014-04-002-00
- APU
- 53L0140400200
Description
This exceptional Class A office building, located at 7003 Valley Ranch Dr in Little Rock, Arkansas, presents a unique investment opportunity. The 21,600 square foot building, constructed in 2006, sits on a 2.3-acre lot and boasts high-end finishes throughout. The property includes 91 parking spaces, a convenient covered loading dock with a roll-up door, a fully equipped conference room, and existing cubicle furniture. Currently 50% occupied, this two-story building offers flexibility with a sale/leaseback option available. The seller is willing to lease back up to 50% of the gross area or vacate completely, providing immediate income potential or a clean slate for a new owner. Priced at $3,500,000 ($162.04 per square foot), this property is ideal for investors seeking a prime location in a desirable West Little Rock area with a strong potential for return. The property's features, including ample parking (4.21 spaces per 1,000 square feet), and its modern design make it an attractive option for a variety of businesses. The building's location in Pulaski County, zip code 72223, offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, Class A office building with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,655,000
- 6.5%
- $3,375,000
- 7%
- $3,135,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,129,000
- AI Estimate
- $2,015,000
Market price range: $2.54M - $5.07MMarket price range: $796k - $3.71M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,465,000 Current use
- COMMERCIAL (GENERAL)
- $4,025,000 Change: +16% Conversion: Easy
- MEDICAL BUILDING
- $3,550,000 Change: +2% Conversion: Easy
- RETAIL STORES
- $3,300,000 Change: -5% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $2,820,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4749
- Latitude
- 34.8125
- 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
$34,529
$120,224
$416,776
$537,000
-
$601,120
$2,083,880
$2,685,000
