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    Property profile & analytics

    9013 Hwy 165 N Little Rock, AR 72117-9728

    • Flex space
    • 106,052 SF
    • 34.81 lot acres
    OFF-MARKET
    Value Estimations
    $485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0281880
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 9013 Hwy 165

    Year built
    1956
    Lot size
    34.81 lot acres
    Property size
    106,052 SF
    Property type
    Flex space
    APN
    24N-001-05-065-00
    APU
    24N0010506500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $485,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    N Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.1624
    Latitude
    34.7356
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,863
    $41,324
    $327,979
    $369,303
    -
    $206,620
    $1,639,895
    $1,846,515

    Comparable in this City

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      $270,000
      7,503 SF

      4024 Hwy 161

      LIGHT INDUSTRIAL • 7,503 SF
      4024 Hwy 161, N Little Rock, AR 72117-3029
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    • Value Estimation
      $460,000
      17,535 SF

      1500 Van St

      LIGHT INDUSTRIAL • 17,535 SF
      1500 Van St, N Little Rock, AR 72117-3934
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    • Value Estimation
      $445,000
      30,509 SF

      6200 Hwy 161

      LIGHT INDUSTRIAL • 30,509 SF
      6200 Hwy 161, N Little Rock, AR 72117
      View Details
    • Value Estimation
      $410,000
      44,864 SF

      4500 Rixie Rd

      LIGHT INDUSTRIAL • 44,864 SF
      4500 Rixie Rd, North Little Rock, AR 72117-1785
      View Details
    • Value Estimation by Request
      11,584 SF

      4320 43Rd St

      Flex space • 11,584 SF
      4320 43Rd St, North Little Rock, AR 72117
      View Details
    • Value Estimation
      $215,000
      12,800 SF

      6206 Baucum Pike

      LIGHT INDUSTRIAL • 12,800 SF
      6206 Baucum Pike, N Little Rock, AR 72117-5123
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      North Little Rock Flex Space

      Prime Flex Space; Redevelopment Opportunity
      5430 Landers Rd, North Little Rock, AR 72117
      View Details
    • $1,705,000
      11,584 SF

      North Little Rock Flex Space Investment

      High-Yield Flex Space, 100% Occupied
      4320 43Rd St, North Little Rock, AR 72117
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    • $1,705,000
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      Flex Office/Warehouse Near Highway

      Flex office/warehouse space with quick highway access.
      4320 E 43Rd St, North Little Rock, AR 72117
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    • $295,000
      3.97 Acres

      North Little Rock Industrial Land

      ±3.97 Acres, I-2 Zoning, Prime Location
      0 Industrial Dr, North Little Rock, AR 72117
      View Details
    • $1,200,000
      27,000 SF

      North Little Rock Commercial Opportunity

      Commercial property on 3.77 acres with multiple buildings for sale.
      8711/8713 Highway 161, North Little Rock, AR 72117
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    • $1,423,976
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      Hwy 70 Commercial Land Investment

      4.67 Acres, I-2 Zoning, High Traffic
      8608 Highway 70, North Little Rock, AR 72117
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Equipped Customer Care Center Opportunity

      Ready-to-use customer care center with existing infrastructure and equipment.
      5430 Landers Rd, Sherwood, AR 72117
      View Details
    • $3 SF/Yr
      39,598 SF

      North Little Rock Warehouse Space

      Industrial warehouse space available for lease in North Little Rock.
      4545 W Bethany Rd, North Little Rock, AR 72117
      View Details
    • Contact for pricing
      44,864 SF

      Industrial Warehouse Space Available

      Industrial warehouse with ample yard space, convenient highway access.
      4500 Rixie Rd, North Little Rock, AR 72117
      View Details
    • $8 SF/Yr
      4,500 SF

      Shell Condition Office Space

      Shell condition office space with tenant finish allowance available.
      4300 Stockton Dr, North Little Rock, AR 72117
      View Details
    • $22 SF/Yr
      1,900 SF

      Retail Space Near Walmart

      End-cap retail space located at Walmart Supercenter entrance.
      4530-4546 E Mccain Blvd, North Little Rock, AR 72117
      View Details
    • $15 SF/Yr
      821 SF

      North Little Rock Office Space

      Office space available in North Little Rock, 821 square feet.
      4004 Mccain Blvd, North Little Rock, AR 72117
      View Details
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    9013 Hwy 165
    N Little Rock, AR 72117-9728
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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