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Property profile & analytics
FOR SALE
Medical Office Space

7200 S Hazel St Pine Bluff, AR 71603

22,460 SF 4.14 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
Property ID
US05-0539273
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 7200 S Hazel St in Pine Bluff, Arkansas, presents a compelling investment opportunity. The property boasts a substantial 24,050 square feet of space, situated on a generous 4.14-acre lot. Constructed in 2014, the building is currently configured as a multi-tenant facility operating under a triple net (NNN) lease structure. The property includes a fully operational surgical center, adding significant value to the investment. This offering represents a chance to acquire a well-established medical office asset with a strong net operating income (NOI). The asking price has been recently reduced, making this an even more attractive proposition. The property is being sold "as-is," and it is the responsibility of the buyer to verify all relevant details, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, and any applicable Homeowners Associations (HOAs). Strategically located approximately 45 minutes from Little Rock, Arkansas, this property benefits from proximity to a major cultural, economic, and transportation hub in central Arkansas. This presents a unique opportunity for investors seeking a stable, high-performing medical office investment in a growing market. The zip code is 71603, and the property is in Jefferson County.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Total area 22,460 SF
Lot 4.14 ac (180,338 SF)
APN 931-82513-002
UPID US05-0539273
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Abid Mohiuddin MD Physician
  • Dr. Shabbir A. Dharamsey, MD Physician
  • Dr. Sadeem Mahmood, MD Physician
  • Brown Sarah K Physician
  • Cardiac & Vascular Institute PLLC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.76M
Blend (final) Blend
$2.62M
Owner & transaction history
ADPMILLCREEK 3 LLC & CLUB FITNESS INC
ADPMILLCREEK 3 LLC & CLUB FITNESS INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.6M +17.6%
Auto repair, garage $2.5M +14.9%
Office building $2.4M +9.3%
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More about this property
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