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Property profile & analytics
OFF-MARKET
Commercial land
11705 Kanis Rd Little Rock, AR 72211
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0228150
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
3,247 SF
Lot
2.98 ac (129,809 SF)
APN
44L-078-04-006-00
UPID
US05-0228150
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Western Properties LLC · 5 yrs held
Western Properties LLC
since 2020
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,911
Tax year 2024
Assessed value
$103,708
Assessed 2024
Previous assessed
$103,708
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$103,708
Land market value
$518,540
Total market value
$518,540
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,247 SF
Lot
2.98 ac (129,809 SF)
APN
44L-078-04-006-00
UPID
US05-0228150
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
1950
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.98 ac
Current owner
From public records · entity-resolved
Western Properties LLC
Entity
Mailing address
5507 RNCH DR STE #201, LITTLE ROCK, AR 72223-0043
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
36 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2020
—
Western Properties LLC
—
Deed
related
$120,134 · Relyance Bk NA
Sep 9, 2020
—
Western Properties LLC
—
Deed
related
$250,000 · First Sec Bk
Jan 29, 2020
—
Western Properties LLC
—
Deed
related
$175,000 · First Sec Bk
Oct 10, 2019
—
Western Properties LLC
—
Deed
related
$200,000 · First Sec Bk Conway N Bkng Ctr
Aug 30, 2019
—
Western Propertiess LLC
—
Deed
related
$250,000 · First Sec Bk
Nov 5, 2018
—
Western Properties LLC
—
Deed
related
$200,000 · First Sec Bk
Dec 29, 2017
—
Western Properties L L C
—
Deed
related
$1,175,000 · First Security Bank
Oct 23, 2017
—
Western Properties LLC
—
Deed
related
$200,000 · First Sec Bk
Aug 30, 2016
—
Western Properties LLC
—
Deed
related
$250,000 · First Sec Bk
Sep 17, 2012
—
Western Properties LLC
—
Deed Of Trust
related
$249,000 · First Sec Bk
—
—
Western Properties LLC
—
Deed Of Trust
related
$250,000 · First Security Bank
—
—
Western Properties LLC
—
Deed Of Trust
related
$154,196 · Relyance Bk NA
—
—
Western Properties LLC
—
Deed Of Trust
related
$120,134 · Relyance Bk NA
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Security Bank
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Security Bank
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$249,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Security Bank
—
—
Western Properties LLC
—
Deed Of Trust
related
$200,000 · First Security Bank
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Security Bank
—
—
Western Properties LLC
—
Deed Of Trust
related
$481,000 · First Security Bank
—
—
Western Properties LLC
—
Deed Of Trust
related
$481,000 · First Security Bank
—
—
Western Properties LLC
—
Loan Modification
related
$175,000 · First Sec Bk
—
—
Western Properties LLC
—
Deed Of Trust
related
$200,000 · First Security Bank
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$481,000 · First Sec Bk
—
—
Western Propertiess LLC
—
Loan Modification
related
$250,000 · First Sec Bk
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Sec Bk Conway N Bkng Ctr
—
—
Western Properties LLC
—
Loan Modification
related
$200,000 · First Sec 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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