Commercial Real Estate in North Little Rock – Page 7

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Reonomy attracts a large community of North Little Rock commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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North Little Rock commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Arkansas North Little Rock
Average price/sqft $1,075 $565 $2,738
Median price/sqft $120 $98 $53
Average sold price $1,044,280 $459,070 $380,376
Median sold price $197,184 $66,674 $96,475
Number of sales 3,896,619 56,037 966
Number of sales over $250k 1,652,112 12,448 221
Number of sales over $1m 376,992 3,327 79
Number of sales over $10m 51,617 234 3
Average total tax amount $9,270 $704 $3,201
Average assessed value $316,885 $14,071 $59,685
Average market value $436,996 $70,360 $298,428

North Little Rock commercial real estate property averages

Property averages United States Arkansas North Little Rock
Average lot size 816,554 sf 937,359 sf 129,535 sf
Median lot size 24,475 sf 67,663 sf 13,905 sf
Average building area 1,077 sf 315 sf 1,345 sf
Median building area 77 sf 30 sf 41 sf
Median year built 1971 1986 1975
Average number of units 16 21 82
Median number of units 2 3 9

North Little Rock commercial real estate total supply

Supply United States Arkansas North Little Rock
Number of parcels 58,466,290 1,174,111 10,681
Aggregate lot acerage 1,006,474,711 15,511,977 19,281
Aggregate building area 8,055,396,245 sf 25,744,404 sf 2,615,185 sf
Aggregate units 90,031,430 321,556 17,165

North Little Rock commercial real estate industrial mortgages

Debt United States Arkansas North Little Rock
Number of mortgages 41,929,296 376,524 9,323
Average value of mortgages $5,197,800 $5,652,393 $5,747,275

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