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Property profile & analytics
OFF-MARKET
Estimated value
$3,470,000
Strip malls
1200 John Barrow Rd, Little Rock, AR 72205-6500
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0447796
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
12,400 SF
Lot
5.36 ac (233,482 SF)
APN
44L-087-00-000-01
UPID
US05-0447796
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
-
Homeyer Lawn Sprinkler General Contractor Construction Company
-
Medtronic Spinal & Biologics Medical Supply Store
-
CWP Produtions Film Production Television Studio
-
FitSoul Studio Gym & Fitness Center
-
Just Sound Productions Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.03M
CAP Approach
CAP
$2.29M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.47M
Owner & transaction history
Little Rock U Storage LLC · 3 yrs held
Little Rock U Storage LLC
since 2023
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+250.6%
Commercial (general)
$2.3M
+42.6%
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
$3,725,000
ML approach
$4,030,000
CAP Approach
CAP Return
Estimation
6%
$2,485,000
6.5%
$2,290,000
7%
$2,130,000
Alternative Use
Use
Estimation
RESTAURANT
$5,675,000
Change: +251% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,310,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$3.47M
Range $3.12M – $3.82M · ±10% · vs last sale $3.50M (Mar 8 2023)
Last sale anchor
$3.50M
Mar 8 2023
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
$280 / 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
$34,425
Tax year 2024
Assessed value
$491,780
Assessed 2024
Previous assessed
$491,780
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$92,458
Assessed improvement
$399,322
Land market value
$462,290
Improvement market value
$1,996,610
Total market value
$2,458,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Units
88
Total area
12,400 SF
Lot
5.36 ac (233,482 SF)
APN
44L-087-00-000-01
UPID
US05-0447796
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
RESTAURANT
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
COMMERCIAL (GENERAL)
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
1986
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
88
Lot
5.36 ac
Current owner
From public records · entity-resolved
Little Rock U Storage LLC
Entity
Mailing address
1014 FRNT ST, CONWAY, AR 72032-4306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
Little Rock U Storage LLC
—
Deed
related
$205,000 · First Community Bank NA
Oct 10, 2024
—
Little Rock U Storage LLC
—
Deed
related
$6,700,000 · First Community Bank Lexington
Mar 8, 2023
$3,500,000
Little Rock U Storage LLC
I 630 Business Park LLC
Special Warranty Deed
$6,332,500 · First Arkansas Bank & Trust
Aug 8, 2019
—
Kmac II LLC
—
Deed
related
$1,752,823 · Wells Fargo Bk
Mar 22, 2018
—
Kmac II LLC
—
Deed
related
$4,600,000 · Wells Fargo Bk/tx
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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