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Property profile & analytics
FOR SALE
Medical Office Space
10310 West Markham St Little Rock, AR 72205
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0343113
For Sale
1 / 9
$5,950,000
10310 West Markham St, Little Rock, AR 72205
View Listing →
Property summary
AI-generated overview
This exceptional 1,150 square foot office space, located in Pulaski County at 10310 West Markham, presents a fantastic leasing opportunity. Situated near Interstate I-430, this property boasts high visibility and convenient access. The space is a traditional office layout, perfect for multiple tenants, and currently has 1,150 square feet available. The interior features four spacious and well-lit offices, ideal for fostering a productive work environment. A fully equipped kitchenette adds convenience, while a private bathroom ensures privacy and comfort. This is a full-service lease, priced at $19.00 per square foot. The property's prime location and modern amenities make it an ideal choice for businesses seeking a professional and easily accessible setting. Don't miss this chance to establish your business in this highly desirable area. The property is categorized as a traditional office space and is available for lease immediately.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
52,800 SF
Lot
2.94 ac (128,066 SF)
APN
44L-046-00-016-00
UPID
US05-0343113
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
-
Four 12 Bodyworks Alternative Medicine Practice Spa & Massage Center
-
Hugh Franklin Burnett Dental Office
-
Arkansas Vascular & Vein Specialists Physician Hospital
-
The Glam Bar Hair Salon Nail Salon
-
Dr. James Rippy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.75M
Comparable Approach
Comparable
$5.62M
Blend (final)
Blend
$5.85M
Owner & transaction history
10-3-10 LLC · 7 yrs held
10-3-10 LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
$8,395,000
6.5%
$7,745,000
7%
$7,195,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,670,000
Current use
RETAIL STORES
$8,065,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$5.85M
Range $5.27M – $6.44M · ±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
$111 / 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
$66,657
Tax year 2024
Assessed value
$952,242
Assessed 2024
Previous assessed
$952,242
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$256,132
Assessed improvement
$696,110
Land market value
$1,280,660
Improvement market value
$3,480,550
Total market value
$4,761,210
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1986
Heating
NONE
Cooling
NONE
Stories
3
Total area
52,800 SF
Lot
2.94 ac (128,066 SF)
APN
44L-046-00-016-00
UPID
US05-0343113
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
MEDICAL BUILDING Current
Est. value
$8.7M
RETAIL STORES
Est. value
$8.1M
MEDICAL BUILDING Current
RETAIL STORES
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
1986
Heating
NONE
Cooling
Yes
Stories
3
Lot
2.94 ac
Current owner
From public records · entity-resolved
10-3-10 LLC
Entity
Mailing address
1501 N UNIVERSITY AVE STE #600, LITTLE ROCK, AR 72207-5235
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
10-3-10 LLC
—
Deed
related
$1,000,000 · Iberiabank
Jan 3, 2019
$3,550,000
10-3-10 LLC
Ten Three Ten
Warranty Deed
$2,720,000 · Iberiabank
May 22, 2018
—
Ten-three-ten Co
—
Deed
related
—
—
—
Ten-three-ten Co
—
Deed Of Trust
related
$2,900,000 · Centennial Bank
—
—
10-3-10 LLC
—
Deed Of Trust
related
$1,000,000 · Iberiabank
—
—
Ten-three-ten Co
—
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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