1500 Riverfront DrLittle Rock, AR 72202

Property Details for 1500 Riverfront Dr

Year built

1980

Lot size

2.68 AC

Property size (Sq ft)

52,104 SF

Property type

Office properties

Property subtype

Office buildings

APN

33L-007-00-011-00

APU

33L0070001100

Description

The McGriff Insurance Building, located at 1500 Riverfront Drive in Little Rock, Arkansas, offers flexible office space ideal for coworking and creative businesses. Situated in Pulaski County, zip code 72202, this property presents multiple tenancy options. Available spaces range from a minimum of 3,256 square feet to a maximum contiguous area of 14,924 square feet. While the total building square footage is not currently specified, a total of up to 23,413 square feet may be available. The building's location on Riverfront Drive provides convenient access to Little Rock's amenities and transportation networks. This property is perfectly suited for companies seeking modern, adaptable workspace in a vibrant urban setting. The building's classification as both coworking and creative office space suggests a design that caters to a variety of business needs and collaborative work styles. Interested parties should inquire about specific lease terms and available configurations. The property is categorized as an office building with multiple tenancy options, making it suitable for a range of business sizes and requirements. The address is easily accessible and located within a well-established area of Little Rock.

• CAP approach

  CAP return

  Valuation

  6%

  $8,281,970

  6.5%

  $7,644,896

  7%

  $7,098,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,726,999

  Geo Method

  $3,726,999

• Alternative Use

  Use

  Valuation

  Residential

  $9,479,671

  Hospitality

  $8,683,328

  Educational

  $7,224,426

  Medical

  $7,472,886

  Retail

  $11,237,997

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7645

Longitude

-92.3059

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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