Property profile

812 Reservoir Rd Little Rock, AR 72227

OFF-MARKET
Retail space
Property ID
US05-2348805
13,020 SF 0.94 ac lot Built 1990
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 13,020-square-foot office building in Little Rock, Arkansas, presents a compelling owner-user opportunity at an asking price of $950,000 ($72.96/SF). Located at 812 Reservoir Road, 72227, this single-story, Class C building sits on a 1.77-acre lot zoned C-3, offering significant potential. The property boasts recently renovated interior and exterior spaces, providing a modern and functional workspace. Ample parking is available, including frontage parking on Reservoir Road and additional spaces at the rear. A key feature is the lower-level basement, complete with a loading dock, enhancing logistical capabilities. The entire building is equipped with a sprinkler system, ensuring safety and compliance. Financial details are available upon request and the execution of a non-disclosure agreement. This vacant property is offered with a triple net (NNN) lease structure, providing flexibility for the new owner. The property's prime location in Pulaski County, Arkansas, offers excellent accessibility and visibility.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 13,020 SF
Lot 0.94 ac (40,946 SF)
APN 43L-156-00-023-00
UPID US05-2348805

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
  • Charitable Organization Social Service Agency

Location

812 Reservoir Rd Little Rock, AR 72227-5707
Little Rock metro Census 2211 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$500k
Blend (final) Blend
$320k

Owner & transaction history

since 2021
4 recorded transactions
2021
Price N/A
2009
$1.6M
2008
Price N/A
1969
Price N/A

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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