Property profile

7003 Vly Rnch Dr Little Rock, AR 72223

OFF-MARKET
Office buildings
Property ID
US05-0364197
21,600 SF 2.3 ac lot Built 2008
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Total area 21,600 SF
Lot 2.3 ac (100,188 SF)
APN 53L-014-04-002-00
UPID US05-0364197

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
  • Production Facility
  • Construction Company General Contractor
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

7003 Vly Rnch Dr Little Rock, AR 72223-4696
Little Rock metro Census 4205 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.38M
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$715k

Owner & transaction history

since 2024
5 recorded transactions
2024
$80,577
2016
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $4.0M +16.2%
Medical building $3.6M +2.4%

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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