2510 Percy Machin DrNorth Little Rock, AR 72114

Property Details for 2510 Percy Machin Dr

Year built

1969

Lot size

0.56 AC

Property size (Sq ft)

5,827 SF

Property type

Office properties

Property subtype

Office buildings

APN

33N-215-00-046-00

APU

33N2150004600

Description

This exceptional 5,827 square foot office building, located in North Little Rock, Arkansas (72114), presents a compelling investment opportunity. Situated on a 0.56-acre corner lot with frontage on three streets, this single-story, 1969-built property boasts high visibility and convenient access to major highways. Completely renovated in 2015, the building offers modern amenities within a versatile layout, ideal for a variety of business needs. The interior features a welcoming reception area, a spacious library, multiple well-appointed offices, an attractive conference room, and a versatile event hall. The property is zoned C-2, allowing for flexible commercial use. The asking price is $547,738, representing an owner-user investment opportunity. This property is a single-tenancy building, offering a unique chance to establish a strong presence in a thriving area of the Little Rock metro area. The property's APN is 33N-215.00-046.00. This is a Class C building.

• CAP approach

  CAP return

  Valuation

  6%

  $926,204

  6.5%

  $854,958

  7%

  $793,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $416,805

  Geo Method

  $416,805

• Alternative Use

  Use

  Valuation

  Residential

  $1,060,147

  Hospitality

  $971,089

  Educational

  $807,935

  Medical

  $835,721

  Retail

  $1,256,788

Location Insight

City

N Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7785

Longitude

-92.2742

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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