5312 65Th StLittle Rock, AR 72209

  • Showrooms
  • 24,600 SF
For Lease
$4.95/SF/YR View listing

Property Details for 5312 65Th St

Year built
1988
Lot size
3.87 AC
Property size (Sq ft)
24,600 SF
Property type
Showrooms
APN
34L-359-00-060-00
APU
34L3590006000

Description

This exceptional 24,600-square-foot industrial property, located in south Little Rock's thriving industrial hub at 5312 W 65th St, offers a unique blend of office and warehouse space. The single-story building, constructed in 1988, sits on a 3.87-acre lot and is zoned PIC. It features 8,000 square feet of fully climate-controlled office space, complemented by a 16,600-square-foot heated warehouse. The warehouse boasts convenient loading dock and drive-in access, enhancing operational efficiency. The property's strategic location provides excellent accessibility, with Interstate 30 just minutes away and high daily traffic volume on W 65th Street (approximately 8,500 vehicles). This single-tenant building presents a cost-effective solution for businesses seeking a combined office and distribution facility. The triple-net lease rate is competitively priced at $4.95 per square foot. This versatile space is ideal for a variety of uses, from operations and storage to distribution, offering a prime location within Little Rock's established warehouse infrastructure. The Pulaski County property (APN: 34L-359.00-060.00) is currently entirely vacant and ready for immediate occupancy. This is a rare opportunity to secure a well-maintained, strategically located industrial space in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,748,007
    6.5%
    $5,305,852
    7%
    $4,926,863
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,434,288
    Geo Method
    $4,434,288
  • Alternative Use

    Use
    Valuation
    Residential
    $4,475,685
    Hospitality
    $4,099,704
    Educational
    $3,410,905
    Medical
    $3,528,212
    Retail
    $5,305,852

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.6914
Longitude
-92.3358
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,511
$50,573
$399,587
$450,160
-
$252,865
$1,997,935
$2,250,800

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