9213 Arch StLittle Rock, AR 72206

  • Office properties
  • 4,500 SF
For Sale
$675,000 View listing

Property Details for 9213 Arch St

Year built
1974
Lot size
13.29 AC
Property size (Sq ft)
4,500 SF
Property type
Office properties
Property subtype
Office buildings
APN
35R-004-31-010-01
APU
35R0043101001

Description

This exceptional investment opportunity presents a single-tenant, 4,500-square-foot Class B office building situated on a spacious 13.29-acre lot in Little Rock, Arkansas. The property, located at 9213 Arch Street (Hwy 367), boasts excellent visibility and convenient access from several major highways. Built in 1974 and extensively renovated in 2019, the single-story building features a remodeled kitchen and ample parking with both front and rear access. The interior includes over ten offices and a complete lab space, making it suitable for a variety of businesses. The property is currently vacant, offering immediate occupancy for a new owner. The asking price is $675,000, representing a price per square foot of $150. Key features include a sprinkler system, fee simple ownership, and the Pulaski County APN 35R0043101001. This is a rare opportunity to acquire a substantial commercial property in a desirable Little Rock location. The property's size and features make it an ideal investment for businesses seeking a large footprint or those looking to expand. The central location and highway access provide excellent visibility and accessibility for clients and employees. Don't miss this chance to own a piece of Little Rock's thriving commercial real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $715,282
    6.5%
    $660,260
    7%
    $613,099
  • Comparable approach

    Method
    Valuation
    Relative Method
    $321,885
    Geo Method
    $321,885
  • Alternative Use

    Use
    Valuation
    Residential
    $818,723
    Hospitality
    $749,946
    Educational
    $623,946
    Medical
    $645,404
    Retail
    $970,583
9213 Arch St, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.6635
Longitude
-92.3064
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
$4,054
$53,160
$34,360
$87,520
-
$265,800
$171,800
$437,600

FAQs

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