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Property profile & analytics
FOR SALE
Office buildings
2024 Arkansas Valley Dr Little Rock, AR 72212
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US05-0392955
For Sale
1 / 10
$680,000
2024 Arkansas Valley Dr, Little Rock, AR 72212
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Property summary
AI-generated overview
This exceptional two-story office building, totaling 5,200 square feet, is situated in Little Rock's desirable Pleasant Valley neighborhood. Built in 1970 and extensively renovated in 2021 and 2024 (including a brand-new roof installed July 2024), this property offers eight individual suites, each featuring exterior entrances, ample signage opportunities, private restrooms, and private offices. The building boasts a large surface parking lot with 30 spaces, ensuring convenient parking for tenants and clients. An emergency generator provides backup power for suites 705-708. Its prime location near the intersection of N Rodney Parham Rd (35,000 vehicles per day) and N Shackleford Rd (16,000 vehicles per day) offers exceptional visibility and accessibility. Furthermore, its proximity to I-430 North and South provides easy access for commuters. This property presents a unique opportunity for investors or businesses seeking a well-maintained, conveniently located office space in a thriving West Little Rock area. The property is located at 2024 Arkansas Valley Drive, Little Rock, AR 72212, within Pulaski County. Pricing details are available upon request.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
4,740 SF
Lot
2.45 ac (106,722 SF)
APN
43L-096-00-000-00
UPID
US05-0392955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Arkansas Broadcasters Association Charitable Organization Social Service Agency
-
Tr Asset Preservation Services Physician Medical Clinic
-
Porter Becky PhD Physician Medical Clinic
-
Tanner Vicki L Physician Medical Clinic
-
Mike Hart - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$680k
Owner & transaction history
Kesha Maria Zaffino
Kesha Maria Zaffino
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$885,000
+68.0%
Medical building
$780,000
+48.1%
Retail stores
$725,000
+37.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$525,000
Current use
COMMERCIAL (GENERAL)
$885,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$780,000
Change: +48% · Conversion: Easy
RETAIL STORES
$725,000
Change: +38% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$545,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$48,092
Tax year 2024
Assessed value
$828,955
Assessed 2024
Previous assessed
$828,955
+0.0% YoY
Effective rate
5.80%
On assessed value
Assessed improvement
$828,955
Improvement market value
$4,144,775
Total market value
$4,144,775
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1980
Heating
NONE
Cooling
NONE
Buildings
4
Stories
2
Total area
4,740 SF
Lot
2.45 ac (106,722 SF)
APN
43L-096-00-000-00
UPID
US05-0392955
Jurisdiction
PULASKI
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$885,000
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Lot
2.45 ac
Current owner
From public records · entity-resolved
Kesha Maria Zaffino
Individual
Mailing address
201 BROADWAY ST STE #310, LITTLE ROCK, AR 72201-2340
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$70,000
Kesha Maria Zaffino
A John Grillo II
Warranty Deed
$52,500 · First Service Bank
Jul 22, 2025
—
Eden Lane Enterprises LLC
—
Deed
related
$83,000 · Bank Of Little Rock
Mar 6, 2024
—
John A Grillo II
Eric J Eidson
Quitclaim Deed
related
—
Jun 2, 2023
$65,000
Ken Clark
Becky L Porter
Warranty Deed
—
Nov 4, 2021
—
Ark Tenn LLC
—
Deed
related
$100,000 · Fred Mullins Etux
Aug 3, 2021
—
Prostaff Properties LLC
Steven E Schulte
Quitclaim Deed
related
—
Jul 30, 2021
$70,000
Thomas G Schneider
Alma J Holbrook
Warranty Deed
—
Jul 29, 2020
—
Betts Real Estate Ents INC
—
Deed
related
—
Jul 3, 2019
—
Betts Real Estate Ents INC
—
Deed
related
—
Mar 6, 2019
—
Betts Real Estate Ents INC
—
Deed
related
—
Nov 2, 2018
$75,000
Gbess LLC
Ted D Berg
Warranty Deed
$336,300 · Centennial Bank
Jun 27, 2018
—
Betts Real Estate Ents INC
—
Deed
related
—
May 23, 2018
—
Betts Real Estate Ents INC
—
Deed
related
—
Nov 16, 2016
$205,000
Thomas G Schneider
Tjs Properties LLC
Warranty Deed
$164,000 · Simmons Bk
—
—
Betts Real Estate Ents INC
—
Loan Modification
related
—
—
—
Betts Real Estate Ents INC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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