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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Medical Office Space
11215 Hermitage Rd Ste 103, Little Rock, AR 72211-3863
Entity Owned
~
Est. High Equity
Property ID
US05-0136092
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
22,300 SF
Lot
1.98 ac (86,249 SF)
APN
44L-069-02-013-00
UPID
US05-0136092
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$975k
Owner & transaction history
Crossroads East LLC
Crossroads East LLC
since 2026
Last sale
$1.1M
7 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
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.08M (Feb 10 2026)
Last sale anchor
$1.08M
Feb 10 2026
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
$44 / 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
$59,721
Tax year 2024
Assessed value
$853,160
Assessed 2024
Previous assessed
$853,160
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$310,493
Assessed improvement
$542,667
Land market value
$1,552,465
Improvement market value
$2,713,335
Total market value
$4,265,800
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
Off-Market
Year built
1981
Heating
NONE
Cooling
NONE
Stories
2
Total area
22,300 SF
Lot
1.98 ac (86,249 SF)
APN
44L-069-02-013-00
UPID
US05-0136092
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
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.98 ac
Current owner
From public records · entity-resolved
Crossroads East LLC
Entity
Mailing address
11215 HERMITAGE RD STE #103, LITTLE ROCK, AR 72211-3863
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Feb 10, 2026
$1,076,350
Crossroads East LLC
Chenal Parkway Properties LLC
Warranty Deed
$2,286,000 · 1st Midamerica Cu
Oct 11, 2016
—
Chenal Parkway Properties LLC
—
Deed
related
$717,022 · Arvest Mtg
Oct 6, 2010
$24,300
City Of Little Rock Arkansas
Chenal Parkway Properties LLC
Warranty Deed
—
Jun 25, 2008
—
Chenal Parkway Properties LLC
Robert B Kennedy
Quit Claim Deed
related
$1,583,000 · Arvest Bank
Apr 26, 2006
—
Robert B Kennedy
—
Trustees Deed
related
$100,000 · Metropolitan National Bank
—
—
Robert B Kennedy
—
Deed Of Trust
related
$89,500 · Metropolitan National Bank
—
—
Chenal Parkway Properties LLC
—
Loan Modification
related
$717,022 · Arvest Mtg
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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