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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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