4016 Stannus StLittle Rock, AR 72204

Property Details for 4016 Stannus St

Year built

1951

Lot size

0.90 AC

Property size (Sq ft)

10,637 SF

Property type

Office properties

Property subtype

Office buildings

APN

44L-133-00-005-00

APU

44L1330000500

Description

This exceptional two-story office building, located at 4016 Stannus St in Little Rock, Arkansas, presents a unique investment opportunity. Spanning 10,600 square feet on a 0.9-acre lot, this property boasts a prime location just off Colonel Green Road, offering convenient access to downtown Little Rock and Interstate 30. The building features 20 private offices, ample cube space, and dedicated kitchens and break rooms on both floors, catering to a variety of business needs. A significant advantage is the inclusion of a dedicated server room and a full building generator, ensuring business continuity. Secure, gated parking is provided with 44 dedicated spaces and an overflow lot, guaranteeing ample parking for employees and visitors. The building is currently vacant and offered at $825,000, with a price per square foot of $77.83. The lease type is NNN. This property is ideal for a company or foundation seeking a substantial and well-equipped headquarters in a highly accessible location. The controlled access to both the parking lot and building enhances security. This is a rare opportunity to acquire a substantial, well-maintained office building in a desirable Little Rock location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,690,768

  6.5%

  $1,560,709

  7%

  $1,449,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $760,865

  Geo Method

  $760,865

• Alternative Use

  Use

  Valuation

  Residential

  $1,935,279

  Hospitality

  $1,772,705

  Educational

  $1,474,870

  Medical

  $1,525,593

  Retail

  $2,294,242

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7161

Longitude

-92.3603

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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