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    Property profile & analytics

    111 Bowman Rd Little Rock, AR 72211-2783

    • Retail space
    • 14,313 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimation
    $5,805,000
    Last Sale
    Jan 10, 2020
    $5,873,651
    Location Intelligence
    Property ID
    US05-0344555
    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

    • Xiu Ni / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Walgreens Photo / Photo Lab / Photo Shop
    • Elyse Hook / Pharmacy
    • Michael Luter / Pharmacy

    Property Details for 111 Bowman Rd

    Year built
    2001
    Lot size
    1.49 lot acres
    Property size
    14,313 SF
    Property type
    Retail space
    APN
    44L-062-05-007-00
    APU
    44L0620500700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,570,000
      6.5%
      $6,220,000
      7%
      $5,925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,595,000
      Geo Method
      $6,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,275,000
      Retail
      $7,010,000
      Mixed-Use
      $6,470,000
      Hospitality
      $6,980,000
      Educational
      $5,150,000
      Residential Income
      $6,810,000
      Energy
      $7,005,000
      Income-Based Land
      $6,405,000
      Food Service
      $6,760,000

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4059
    Latitude
    34.755
    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
    $34,490
    $103,433
    $389,287
    $492,720
    -
    $517,165
    $1,946,435
    $2,463,600

    Comparable in this City

    • Value Estimation
      $470,000
      8,284 SF

      12101 Markham St

      RETAIL STORES (PERSONAL SERVICES) • 8,284 SF
      12101 Markham St, Little Rock, AR 72211-2713
      View Details
    • Value Estimation
      $780,000
      24,000 SF

      11121 Markham St

      RETAIL STORES (PERSONAL SERVICES) • 24,000 SF
      11121 Markham St, Little Rock, AR 72211-2831
      View Details
    • Value Estimation by Request
      8,353 SF

      240 Shackelford

      Lifestyle centers • 8,353 SF
      240 Shackelford, Little Rock, AR 72211
      View Details
    • Value Estimation
      $595,000
      9,240 SF

      12305 Chenal Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 9,240 SF
      12305 Chenal Pkwy, Little Rock, AR 72211-2723
      View Details
    • Value Estimation
      $720,000
      14,981 SF

      15500 Chenal Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 14,981 SF
      15500 Chenal Pkwy, Little Rock, AR 72211-2018
      View Details
    • Value Estimation
      $700,000
      14,332 SF

      12301 Chenal Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 14,332 SF
      12301 Chenal Pkwy, Little Rock, AR 72211-2723
      View Details

    Similar Nearby for Sale

    • $1,305,000

      New Retail Ground Lease Opportunity

      20-year absolute net ground lease, new construction, strong location.
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    • $149,000
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      Little Rock retail/office land, $149k
      11200 Kanis Rd, Little Rock, AR 72211
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    • $228,000
      38,000 SF

      Kanis Road Commercial Property

      Little Rock, AR: 38,000 SF Mixed-Use Opportunity
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    • Contact for pricing
      16,055 SF

      Mixed-Use Building in West Little Rock

      Income-producing property with restaurant and office space in prime location.
      101 S Bowman Rd, Little Rock, AR 72211
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    Similar Nearby for Lease

    • $31 SF/Yr
      7,859 SF

      Chenal Park Centre III Office Space

      Little Rock, AR medical & office suites available.
      15104 Chenal Pkwy, Little Rock, AR 72211
      View Details
    • $19 SF/Yr
      45,000 SF

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      West Little Rock medical office suites available
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      View Details
    • Contact for pricing
      68,610 SF

      Retail Space in Prime Location

      Retail suites available in Little Rock's premier retail corridor.
      12801 Chenal Pkwy, Little Rock, AR 72211
      View Details
    • Contact for pricing
      31,233 SF

      Bowman Curve Retail Center Space

      Little Rock retail space, multiple suites available.
      200 Bowman Rd, Little Rock, AR 72211
      View Details
    • $23 SF/Yr
      5,000 SF

      Chenal Parkway Retail Space Available

      Little Rock storefront, 5,000-12,207 sq ft.
      11600 Chenal Pkwy, Little Rock, AR 72211
      View Details
    • Contact for pricing
      2,072 SF

      Wellington Center Retail Space

      Little Rock Retail Pad Sites Available
      15400 Chenal Pkwy, Little Rock, AR 72211
      View Details
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    Little Rock, AR 72211-2783
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    Realmo Value Estimation

    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.

    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.

    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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