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Property profile & analytics
FOR SALE
Showrooms

920 S Spring St Little Rock, AR 72201

20,902 SF 0.48 ac lot Built 1930
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US05-0142999
Property summary
AI-generated overview

This exceptional Little Rock property at 920 South Spring Street offers a unique blend of retail, office, and industrial space, totaling 20,902 square feet. The building, fully renovated in 2011, sits on a 0.48-acre lot and includes a leased 50-space parking lot on an additional 0.48 acres, extending the lease through April 30, 2039, with renewal options. The property benefits from a UU - Urban Use District zoning designation. The space is ideally configured with approximately 17,302 square feet of office/showroom/flex space and 3,600 square feet of heated warehouse space. Warehouse features include roll-up overhead doors at the parking lot and on Spring Street, plus a dock-high on-ramp for efficient loading and unloading. Internal features include a wet sprinkler system, multiple restrooms, a large breakroom, executive offices, sales offices, training rooms, a showroom, open parts and service areas, and additional attic storage (not included in the square footage). This prime location boasts high visibility and convenient access to I-630, placing it near numerous restaurants and amenities, including Starbucks and Wendy's, and within close proximity to Simmons Tower and other businesses. The asking price is $1,555,000. Lease details for the parking lot are available upon request.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Total area 20,902 SF
Lot 0.48 ac (20,909 SF)
APN 34L-020-06-033-00
UPID US05-0142999
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
  • SALVAGEDATA Recovery Services Computer & Electronic Repair (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.64M
Owner & transaction history
Carlisle Investment Group LLC · 15 yrs held
Carlisle Investment Group LLC
since 2010
7 recorded transactions
2022
Price N/A
2020
Price N/A
2010
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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