3300 Pike AveNorth Little Rock, AR 72118

Property Details for 3300 Pike Ave

Year built

1946

Lot size

0.28 AC

Property size (Sq ft)

7,500 SF

Property type

Retail space

APN

33N-141-00-206-00

APU

33N1410020600

Description

This exceptional 7,500 square foot commercial property, located at 3300 Pike Avenue in North Little Rock, Arkansas, presents a unique investment opportunity. Situated in Pulaski County, this single-tenant building offers versatile space suitable for a variety of uses, including executive office space, warehouse operations, retail ventures, or a combination thereof, creating a flexible office-warehouse setup. Built in 1946, the property is classified as Class B and is currently entirely vacant, providing immediate occupancy for a new tenant. The building's total square footage is 7,500 square feet, offering ample room for expansion and customization to meet specific business needs. Its prime location in North Little Rock, Arkansas, zip code 72118, provides excellent access to major transportation routes and a thriving local market. The property's diverse zoning potential allows for a wide range of business applications, making it an attractive option for entrepreneurs and established businesses alike. This is a rare opportunity to acquire a substantial commercial space in a desirable location with significant potential for growth and return on investment. The property is ready for immediate occupancy and offers a blank canvas for a new business to thrive.

• CAP approach

  CAP return

  Valuation

  6%

  $1,363,880

  6.5%

  $1,258,960

  7%

  $1,169,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $557,934

  Geo Method

  $557,934

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,454,950

  Mixed-Use / Specialty

  $1,254,540

  Hospitality / Lodging

  $920,495

  Office

  $1,247,150

  Institutional / Educational

  $1,304,240

  Residential Income

  $1,525,960

  Multifamily

  $1,829,810

  Automotive / Energy

  $1,117,920

  Parking / Income-Based Land

  $385,718

  Restaurant / Food Service

  $652,627

  Healthcare / Senior Housing

  $1,286,440

Location Insight

City

N Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7861

Longitude

-92.2779

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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