North Little Rock, AR
Commercial Real Estate Market Trends & Data
North Little Rock's Demographic Profile
North Little Rock has 29,770 households and a median income of $44,437, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 65,944 |
| # Households | 29,770 |
| Median age | 38 |
| Median household income | $44,437 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 16,421 |
| 5-year population change | +1% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near North Little Rock, AR
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Little Rock | $163 | 47,335 SF | 6.85% |
| Cabot | $376 | 10,000 SF | 7.35% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Little Rock | $55 | 23,883 SF | 6.75% |
| Sherwood | $156 | 10,820 SF | 6.75% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| North Little Rock | $277 | 23,138 SF |
| Sherwood | $210 | 13,768 SF |
| Jacksonville | $93 | 7,308 SF |
| Maumelle | $396 | 3,536 SF |
| Cabot | $376 | 10,000 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Little Rock | $153 | 50,513 SF | 6.82% |
| Maumelle | $176 | 41,136 SF | 6.82% |
Commercial Properties For Sale in North Little Rock
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether North Little Rock pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| North Little Rock | $144 | 32,521 SF |
| Sherwood | $231 | 24,798 SF |
| Jacksonville | $67 | 32,121 SF |
| Maumelle | $286 | 132,775 SF |
Multifamily Properties For Sale in North Little Rock
Regional Demographic Comparison
This comparison places North Little Rock alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in North Little Rock or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| North Little Rock | 65,944 | 29,770 | 38 | $44,437 | 2 | 16,421 | 1% |
| Sherwood | 31,029 | 13,040 | 41 | $68,731 | 2 | 3,968 | -1% |
| Maumelle | 18,156 | 7,498 | 41 | $94,095 | 2 | 1,992 | -2% |
| Scott | 120 | 48 | 49 | $58,333 | 3 | 7 | 1% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Little Rock, AR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in North Little Rock
North Little Rock offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Little Rock. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Little Rock. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Little Rock. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Little Rock, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.