1225 Breckenridge DrLittle Rock, AR 72205

  • Healthcare properties
  • 20,452 SF
For Lease
$18.50/SF/YR View listing

Property Details for 1225 Breckenridge Dr

Year built
1984
Lot size
1.60 AC
Property size (Sq ft)
20,452 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
43L-154-00-003-00
APU
43L1540000300

Description

This exceptional Class A professional building, located at 1225 Breckenridge Drive in Little Rock, Arkansas, offers prime office space for lease. The property, situated in Pulaski County, boasts a total of 19,434 square feet and is currently comprised of two suites. The building is ideally suited for executive or medical office uses, offering flexible space options. Units range from a minimum of 986 square feet to a maximum contiguous space of 2,796 square feet, with a significant 3,782 square feet currently vacant. This presents a unique opportunity for businesses seeking immediate occupancy or expansion. The building features ample parking, ensuring convenient access for employees and clients. Its location provides easy access to major thoroughfares, enhancing its appeal and accessibility. The building's two floors offer a versatile layout, adaptable to various business needs. This is a rare opportunity to secure high-quality office space in a desirable Little Rock location. The zip code is 72205.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,250,874
    6.5%
    $3,000,807
    7%
    $2,786,464
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,462,932
    Geo Method
    $1,462,932
  • Alternative Use

    Use
    Valuation
    Residential
    $3,721,001
    Hospitality
    $3,408,417
    Educational
    $2,835,763
    Medical
    $2,933,289
    Retail
    $4,411,186
1225 Breckenridge Dr, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7646
Longitude
-92.3877
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
$25,690
$72,406
$294,594
$367,000
-
$362,030
$1,472,970
$1,835,000

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