10421 Markham StLittle Rock, AR 72205

Property Details for 10421 Markham St

Year built

1984

Lot size

1.07 AC

Property size (Sq ft)

25,476 SF

Property type

Retail properties

Property subtype

Banks

APN

44L-057-00-003-00

APU

44L0570000300

Description

The Cone Building I, located at 10421 W. Markham Street in Little Rock, Arkansas, offers exceptional office space for lease. This three-story, 25,476 square foot building sits on a 1.07-acre lot and was constructed in 1984. Currently, there is available space ranging from 3,500 to 16,000 square feet, offering flexibility for businesses of various sizes. The building features ample surface parking, a significant advantage in a high-traffic area. Its strategic location provides excellent visibility from W. Markham Street, enhanced by convenient stoplight access. The property is zoned O-3, General Office, and enjoys proximity to a variety of amenities including restaurants, hotels, shopping centers, and medical facilities. Furthermore, its location offers quick and easy access to both Interstates 430 and 630, ensuring convenient commutes for employees and clients. The full-service lease rate is competitively priced at $16.25 per square foot. The building's layout allows for subdivision of space as small as 3,500 square feet, catering to a wide range of tenant needs. This property presents a compelling opportunity for businesses seeking a well-located, functional, and adaptable office space in a thriving area of Little Rock.

• CAP approach

  CAP return

  Valuation

  6%

  $5,952,690

  6.5%

  $5,494,790

  7%

  $5,102,306

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,592,192

  Geo Method

  $4,592,192

• Alternative Use

  Use

  Valuation

  Residential

  $4,635,062

  Hospitality

  $4,245,692

  Educational

  $3,532,365

  Medical

  $3,653,849

  Retail

  $5,494,790

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7533

Longitude

-92.3899

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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