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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Automotive properties
104 Markham Park Dr, Little Rock, AR 72211-2728
Entity Owned
3-yr Hold
Free & Clear
Property ID
US05-2393250
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1987
Total area
9,000 SF
Lot
0.73 ac (31,799 SF)
APN
44L-062-05-005-00
UPID
US05-2393250
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
-
Donnie's Foreign Car Services Auto Repair Shop
-
Best Tire Co (Bike/Boat/Book/etc) Store Auto Parts Store
-
Go-Devils Outboard Engines (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.14M
Owner & transaction history
Markham Commercial LLC · 3 yrs held
Markham Commercial LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+62.6%
Medical building
$1.5M
+43.4%
Retail stores
$1.4M
+33.3%
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
$1,170,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,030,000
Current use
COMMERCIAL (GENERAL)
$1,675,000
Change: +63% · Conversion: Moderate
MEDICAL BUILDING
$1,480,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$1,375,000
Change: +33% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,175,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$1,000,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.10M (Mar 20 2023)
Last sale anchor
$1.10M
Mar 20 2023
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
$126 / 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
$14,191
Tax year 2024
Assessed value
$202,723
Assessed 2024
Previous assessed
$202,723
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$41,180
Assessed improvement
$161,543
Land market value
$205,900
Improvement market value
$807,715
Total market value
$1,013,615
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,000 SF
Lot
0.73 ac (31,799 SF)
APN
44L-062-05-005-00
UPID
US05-2393250
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
AUTO REPAIR, GARAGE Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Markham Commercial LLC
Entity
Free & Clear · 3 yrs held
Mailing address
104 MARKHAM PARK DR, LITTLE ROCK, AR 72211-2728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2023
—
Markham Commercial LLC
Donnies Foreign Car Service INC
Quit Claim Deed
related
—
Dec 14, 2018
—
Donnies Foreign Car Svc INC
—
Deed
related
$490,000 · Relyance Bk NA
Jan 21, 2009
—
Donnie Vanpatter
Vanpatter,candi
Quit Claim Deed
related
—
Dec 2, 2004
$1,100,000
Donnies Foreign Car Svc INC
Best Tire Co INC
Warranty Deed
$990,000 · Pulaski Bank
—
—
Donnies Foreign Car Svc INC
—
Deed Of Trust
related
$490,000 · Relyance Bk NA
—
—
Donnies Foreign Car Svc INC
—
Deed Of Trust
related
$457,000 · Arkansas Certified Dev Corp
—
—
Best Tire Co INC
—
Deed Of Trust
related
$233,185 · Pulaski Bank
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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