Financial
Distress signals
Property profile

1500 Macon Dr Little Rock, AR 72211

FOR LEASE
Strip malls
Property ID
US05-0031340
27,812 SF 2.49 ac lot Built 1988
Last sale Jul 2021 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An established retail shopping center located at 1500 Macon Dr in Little Rock, Arkansas, within the Rodney Parham/Market Place District and serving the Pleasant Valley and West Village districts. The property consists of four buildings totaling approximately 27,812 square feet and is configured to accommodate a mix of local-serving businesses, including restaurants, salons, other retail and service uses, and a fitness center. The multi-building layout is designed for shared traffic patterns

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$42k
Tax billed · 2024
Assessed value$603k
Assessed land$226k
Assessed improvement$377k
Effective rate7.00%

Value estimate

· Sep 2026
$3.45M
$3.11M – $3.80M
AI approach$3.42M
Submarket $/SF estimate$2.67M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 180,900.00% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$131/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$35 – $214

Cap rate analysis

How does the asset earn?
180,900.00%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPULASKI

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply34.6
Wholesale Shop27.5
Auto Repair Shop21.9

Location

1500 Macon Dr Little Rock, AR 72211
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Shackleford, Little Rock, AR 72211-5188 $3,472,053 Oct 2023 15,685 SF
1506 Merrill, Little Rock, AR 72211-1822 $4,125,000 May 2021 125,479 SF
1602 Merrill, Little Rock, AR 72211-1818 $700,000 Oct 2018 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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