8221 Ranch BlvdLittle Rock, AR 72223

Property Details for 8221 Ranch Blvd

Year built

1999

Lot size

1.01 AC

Property size (Sq ft)

3,491 SF

Property type

Office properties

Property subtype

Office buildings

APN

53L-013-03-002-02

APU

53L0130300202

Description

This modern office space, located in the thriving Saddle Creek Center off Highway 10 in West Little Rock, offers flexible suites ranging from 125 to 241 square feet. The 6,900 square foot building is part of The Ranch, a premier mixed-use development, ensuring a vibrant and convenient location. The property features multiple tenancies, providing a diverse professional community. Current tenants include a mix of legal, medical, financial, and beauty professionals, creating a dynamic and collaborative environment. Enjoy easy access to major thoroughfares like Cantrell Road, Chenal Parkway, and Interstate 430, providing seamless commutes. The strategic location near the headquarters of Bank OZK and First Security Bank, along with proximity to several private and public schools (including LRCA, Baptist Prep, and Pinnacle View Middle School), adds to the property's appeal. This is an exceptional opportunity to establish a presence in a rapidly growing area of Little Rock, Arkansas, within a well-maintained building offering a range of suite sizes to accommodate various business needs. The Pulaski County location provides access to a strong workforce and a thriving local economy. The building's design and location make it ideal for a variety of office uses, including traditional office space, coworking arrangements, medical offices, and executive suites.

• CAP approach

  CAP return

  Valuation

  6%

  $554,900

  6.5%

  $512,216

  7%

  $475,629

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,711

  Geo Method

  $249,711

• Alternative Use

  Use

  Valuation

  Residential

  $635,147

  Hospitality

  $581,792

  Educational

  $484,044

  Medical

  $500,691

  Retail

  $752,957

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.8088

Longitude

-92.4643

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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