Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1121 Emergency Dr Little Rock, AR 72205
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1121 Emergency Dr Little Rock, AR 72205

    View on Map
    • Warehouses
    • 12,710 SF
    • 3.48 lot acres
    Off-Market
    Property ID
    US05-0428740
    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.
    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1121 Emergency Dr

    Year built
    2007
    Lot size
    3.48 lot acres
    Property size
    12,710 SF
    Property type
    Warehouses
    APN
    44L-061-00-010-00
    APU
    44L0610001000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $965,000
      6.5%
      $890,000
      7%
      $830,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,055,000
      Market price range: $351k - $1.06M
      AI Estimate
      $1,092,000
      Market price range: $256k - $1.09M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $635,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,660,000
      Change: +160% Conversion: Moderate
      OFFICE BUILDING
      $1,565,000
      Change: +146% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,455,000
      Change: +128% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3773
    Latitude
    34.7422
    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
    $17,548
    $154,620
    $96,060
    $250,680
    -
    $773,100
    $480,300
    $1,253,400

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      10001 Lile Dr

      WAREHOUSE, STORAGE • 4,800 SF
      10001 Lile Dr, Little Rock, AR 72205-6217
      View Details
    • Value Estimation
      $2,795,000
      23,476 SF

      17 Corporate Hl Dr

      WAREHOUSE, STORAGE • 23,476 SF
      17 Corporate Hl Dr, Little Rock, AR 72205-4537
      View Details
    • Value Estimation
      $8,880,000
      85,905 SF

      8500 Cunningham Lk Rd

      MINI-WAREHOUSE, STORAGE • 85,905 SF
      8500 Cunningham Lk Rd, Little Rock, AR 72205-4733
      View Details
    • Value Estimation by Request
      2,689 SF

      4100 Markham St

      WAREHOUSE, STORAGE • 2,689 SF
      4100 Markham St, Little Rock, AR 72205-4197
      View Details
    • Value Estimation by Request
      4,576 SF

      3204 Shackleford Pass

      WAREHOUSE, STORAGE • 4,576 SF
      3204 Shackleford Pass, Little Rock, AR 72205-6938
      View Details
    • Value Estimation by Request
      4,762 SF

      101 University Ave

      WAREHOUSE, STORAGE • 4,762 SF
      101 University Ave, Little Rock, AR 72205-3102
      View Details

    Similar Nearby for Sale

    • $2,175,000
      18,916 SF

      Two-Story Office Building For Sale

      Two-story office building with 18,916 SF on 0.60 acres.
      200 S University Ave, Little Rock, AR 72205
      View Details
    • Contact for pricing

      Medical Office Building For Sale

      Class A medical office building in Little Rock medical corridor.
      9101 Kanis Rd, Little Rock, AR 72205
      View Details
    • New
      $125,000
      0.21 Acres

      Residential Lot with River Views

      Vacant lot in Hillcrest, prime location to build dream house.
      3420 I St, Little Rock, AR 72205
      View Details
    • $399,000
      0.50 Acres

      Commercial Land with Two Buildings

      Commercial land featuring two buildings in Little Rock, Arkansas.
      212 N Mckinley St, Little Rock, AR 72205
      View Details
    • $599,000
      4,320 SF

      Renovated Apartment Complex, Little Rock

      Fully renovated 8-unit apartment complex with recent infrastructure upgrades.
      9 Meredith Ct, Little Rock, AR 72205
      View Details
    • $425,000
      4,741 SF

      West Little Rock Townhouse Duplex

      Townhouse-style duplex in West Little Rock with strong rental history.
      2030 Nichols Rd, Little Rock, AR 72205
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Little Rock Office Space

      2772 SF office space for lease in Little Rock.
      320 Executive Ct, Little Rock, AR 72205
      View Details
    • Contact for pricing

      Office Space Near Hospitals

      Shell office space available for lease near major hospitals.
      1401 Kanis Park Dr, Little Rock, AR 72205
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Midtown Center

      Retail space available in a vibrant Little Rock shopping center.
      201 N University Ave, Little Rock, AR 72205
      View Details
    • Contact for pricing

      Retail Spaces For Lease

      Retail spaces available for lease in multi-story building.
      6115 W Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available for rent in Little Rock, Arkansas.
      9101 W Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      818 SF

      Office Space Available For Rent

      818 square feet of office space for rent.
      500 S University Ave, Little Rock, AR 72205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1121 Emergency Dr
    Little Rock, AR 72205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!