701 W 7th St
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701 W 7th St
41,000 SF Vacant Office Building Little Rock, AR 72201 £1,764,425 (£43/SF)
Investment Highlights
- Offers direct access to Highway 70
Executive Summary
INVESTMENT OPPORTUNITY (ONLY $55/SF) WITH POTENTIAL OWNER LEASE BACK! The current owner is willing to sign a 3 year lease at closing to give new owner income and/or flexibility. Property has been renovated since 2018. LIST PRICE IS $800K LESS THAN A 2022 APPRAISAL. Brand new roof in July 2021.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
41,000 SF
Building Class
B
Year Built
1955
Price
£1,764,425
Price Per SF
£43
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
20,500 SF
Building FAR
1.00
Lot Size
0.94 AC
Zoning
commercial - commercial
Parking
5 Spaces (0.12 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 34L-020-09-088-01 | Improvements Assessment | £238,648 |
Land Assessment | £28,950 | Total Assessment | £267,598 |
PROPERTY TAXES
Parcel Number
34L-020-09-088-01
Land Assessment
£28,950
Improvements Assessment
£238,648
Total Assessment
£267,598
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701 W 7th St
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