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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Drug stores
11414 Markham St Little Rock, AR 72211-2806
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0228107
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2016
Total area
5,175 SF
Lot
0.58 ac (25,265 SF)
APN
44L-062-05-002-08
UPID
US05-0228107
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
-
Aspen Dental - Little Rock, AR Dental Office
-
Heartland Pharmacy Pharmacy
-
Rosetta Shelby-Calvin Medical Clinic
-
Yin Hildesheim Dental Office
-
Yin Liu Hildesheim Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$895k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Markham Little Rock LLC · 2 yrs held
Markham Little Rock LLC
since 2024
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$965,000
+22.0%
Medical building
$850,000
+7.6%
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%
$965,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
RETAIL STORES
$790,000
Current use
COMMERCIAL (GENERAL)
$965,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$850,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$675,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$139 / 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
$22,223
Tax year 2024
Assessed value
$324,298
Assessed 2024
Previous assessed
$324,298
+0.0% YoY
Effective rate
6.85%
On assessed value
Assessed land
$91,271
Assessed improvement
$233,027
Land market value
$456,355
Improvement market value
$1,165,135
Total market value
$1,621,490
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2016
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,175 SF
Lot
0.58 ac (25,265 SF)
APN
44L-062-05-002-08
UPID
US05-0228107
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
RETAIL STORES Current
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$965,000
MEDICAL BUILDING
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$675,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Markham Little Rock LLC
Entity
Mailing address
11 DAVID ST, NEW BEDFORD, MA 02744-2310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Markham Little Rock LLC
—
Deed
related
$1,575,000 · Standard Insurance Co
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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