6005 Scott Hamilton DrLittle Rock, AR 72209

  • Office properties
  • 55,937 SF
For Sale
$3,650,000 View listing

Property Details for 6005 Scott Hamilton Dr

Year built
1961
Lot size
2.49 AC
Property size (Sq ft)
55,937 SF
Property type
Office properties
Property subtype
Office buildings
APN
34L-339-00-064-00
APU
34L3390006400

Description

This exceptional 55,837-square-foot warehouse in Little Rock, Arkansas, presents a compelling investment opportunity. Located at 6005 Scott Hamilton Dr, 72209, this single-story, Class B industrial property sits on a 4.24-acre lot and boasts a desirable I-2 zoning designation. Built in 1961, the building features a robust block/brick construction with ample natural light from skylights. Recent upgrades include a new roof and HVAC system in the office area (2023), and all warehouse lighting has been converted to energy-efficient LEDs within the last three years. The warehouse offers a 16-foot ceiling height (under beam), rising to 18 feet to the deck, with 30' x 30' column spacing. Three dock-high doors with bumpers and manual levelers, plus one ground-level drive-in door, ensure efficient loading and unloading. The property includes a fully sprinklered system and a fenced yard area. This bonded U.S. Customs warehouse is also an approved Level II SQF Food Grade facility, equipped with 3-phase power (300-600 amps). Its convenient location provides easy access to I-30. The seller will consider a sale-leaseback under terms to be negotiated separately. This property is ideal for a variety of industrial uses and represents a strong value proposition in the Little Rock market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,891,264
    6.5%
    $8,207,321
    7%
    $7,621,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,001,174
    Geo Method
    $4,001,174
  • Alternative Use

    Use
    Valuation
    Residential
    $10,177,078
    Hospitality
    $9,322,149
    Educational
    $7,755,918
    Medical
    $8,022,656
    Retail
    $12,064,762
6005 Scott Hamilton Dr, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.6948
Longitude
-92.3172
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
$20,031
$30,370
$255,790
$286,160
-
$151,850
$1,278,950
$1,430,800

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