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    12115 Otter Crk Rd Little Rock, AR 72210
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    Property profile & analytics

    12115 Otter Crk Rd Little Rock, AR 72210

    View on Map
    • Grocery and convenience stores
    • 7,482 SF
    • 6.58 lot acres
    Off-Market
    Property ID
    US05-1909850
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,165,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • QuikTrip Certified Scale / Weigh Station
    • QuikTrip / Gas Station

    Property Details for 12115 Otter Crk Rd

    Year built
    2021
    Lot size
    6.58 lot acres
    Property size
    7,482 SF
    Property type
    Grocery and convenience stores
    APN
    45L-056-06-001-00
    APU
    45L0560600100

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,500,000
      6.5%
      $1,385,000
      7%
      $1,285,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $975,000
      Current use
      COMMERCIAL (GENERAL)
      $1,395,000
      Change: +43% Conversion: Easy
      MEDICAL BUILDING
      $1,230,000
      Change: +26% Conversion: Difficult
      RETAIL STORES
      $1,145,000
      Change: +17% Conversion: Easy
      AUTO REPAIR, GARAGE
      $855,000
      Change: -12% Conversion: Difficult
      OFFICE BUILDING
      $830,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.4128
    Latitude
    34.655
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $96,609
    $687,900
    $692,230
    $1,380,130
    -
    $3,439,500
    $3,461,150
    $6,900,650

    Comparable in this City

    • Value Estimation
      $660,000
      3,000 SF

      12223 Colonel Glenn Rd

      CONVENIENCE STORE • 3,000 SF
      12223 Colonel Glenn Rd, Little Rock, AR 72210-2825
      View Details
    • Value Estimation
      $4,165,000
      4,708 SF

      8108 Stagecoach Rd

      CONVENIENCE STORE • 4,708 SF
      8108 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • Value Estimation
      $735,000
      4,256 SF

      13400 Interstate 30

      CONVENIENCE STORE • 4,256 SF
      13400 Interstate 30, Little Rock, AR 72210-7024
      View Details
    • Value Estimation
      $1,855,000
      5,237 SF

      10501 Stagecoach Rd

      CONVENIENCE STORE • 5,237 SF
      10501 Stagecoach Rd, Little Rock, AR 72210-8900
      View Details
    • Value Estimation by Request
      2,204 SF

      17500 Colonel Glenn Rd

      CONVENIENCE STORE • 2,204 SF
      17500 Colonel Glenn Rd, Little Rock, AR 72210-1514
      View Details
    • Value Estimation
      $1,865,000
      11,832 SF

      12300 Stagecoach Rd

      CONVENIENCE STORE • 11,832 SF
      12300 Stagecoach Rd, Little Rock, AR 72210-8932
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,000 SF

      Renovated Retail Building For Sale

      3,000 SF single-tenant retail building, fully renovated.
      12223 Colonel Glenn Rd, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Commercial Land on Stagecoach Road

      Land with high visibility, utilities, and ideal for QSR.
      8123 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • $380,000
      9.09 Acres

      Commercial Land on Stagecoach Road

      9.09 acres of commercial land in high-traffic Little Rock.
      10915 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Prime Frontage Land For Sale

      Land with frontage on I-30, Otter Creek Road, & Bass Pro Drive.
      Otter Creek Rd, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Colonel Glenn Road Land

      Land in rapidly developing corridor near major retailers.
      Lawson Rd, Little Rock, AR 72210
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      14,880 SF

      Retail Building for Sublease

      Retail building for sublease with drive-thru and ample parking.
      8815 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • $15 SF/Yr
      800 SF

      Retail Space Available For Rent

      Retail space for rent, water and trash included.
      8912 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Retail Space at Grove Plaza

      Retail space available in a high-traffic area.
      10800 Bass Pro Pkwy, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Retail Suites For Rent

      Retail suites available, ranging from 1,100 to 2,210 square feet.
      1 Stagecoach Village Dr, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Retail/Office Space Near Outlets

      Leasable space ideal for office or retail use.
      9222 Stagecoach Rd, Little Rock, AR 72210
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for ground lease or build to suit.
      Colonel Glenn Rd, Little Rock, AR 72210
      View Details

    Property Visit Statistics

    • Visits by month
      107.7k
    • Visitors by month
      61.4k
    • Avg Time on site
      12 min
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    Little Rock, AR 72210
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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