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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
11601 Bass Pro Pkwy Little Rock, AR 72210-3057
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-1566330
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
2,774 SF
Lot
0.92 ac (40,075 SF)
APN
45L-048-03-000-03
UPID
US05-1566330
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
$550k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Strong Wolf Ledbetter LLC · 5 yrs held
Strong Wolf Ledbetter LLC
since 2020
Last sale
$595,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$515,000
+68.0%
Medical building
$455,000
+48.1%
Retail stores
$425,000
+37.7%
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
$570,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$515,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$455,000
Change: +48% · Conversion: Easy
RETAIL STORES
$425,000
Change: +38% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$360,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $595k (Dec 30 2020)
Last sale anchor
$595k
Dec 30 2020
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
$205 / 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
$7,504
Tax year 2024
Assessed value
$107,200
Assessed 2024
Previous assessed
$107,200
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$63,827
Assessed improvement
$43,373
Land market value
$319,135
Improvement market value
$216,865
Total market value
$536,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,774 SF
Lot
0.92 ac (40,075 SF)
APN
45L-048-03-000-03
UPID
US05-1566330
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
COMMERCIAL (GENERAL)
Est. value
$515,000
MEDICAL BUILDING
Est. value
$455,000
RETAIL STORES
Est. value
$425,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$360,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2015
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Strong Wolf Ledbetter LLC
Entity
Mailing address
906 S ROCK ST, SHERIDAN, AR 72150-7067
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
$595,000
Strong Wolf Ledbetter LLC
Gateway Village II LLC
Special Warranty Deed
$505,750 · First State Bank
Sep 12, 2014
—
Gateway Village II LLC
Town Center LLC
Warranty Deed
$440,000 · The Malvern National Bank
—
—
Gateway Village II LLC
—
Loan Modification
related
$440,000 · Malvern Nat'l Bk
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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