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Property profile & analytics
OFF-MARKET
Estimated value
$3,735,000
Medical Office Space
1301 Wolfe St, Little Rock, AR 72202-5320
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0821548
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1917
Total area
31,772 SF
Lot
0.37 ac (16,117 SF)
APN
34L-185-01-002-00
UPID
US05-0821548
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
-
Dennis Development Center Medical Group
-
UAMS Health - James L. Dennis Developmental Center Medical Clinic Pediatrician
-
UAMS Health - Maya L. Lopez, M.D. Pediatrician Medical Clinic
-
Mrs. Lindsay Van Parys Physician
-
UAMS Health - Laura K. Goodhart, Ph.D. Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.79M
CAP Approach
CAP
$4.66M
Comparable Approach
Comparable
$3.06M
Blend (final)
Blend
$3.74M
Owner & transaction history
Gip Little Rock LLC · 3 yrs held
Gip Little Rock LLC
since 2022
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.9M
+13.4%
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
$3,740,000
ML approach
$3,790,000
CAP Approach
CAP Return
Estimation
6%
$5,050,000
6.5%
$4,660,000
7%
$4,330,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,220,000
Current use
COMMERCIAL (GENERAL)
$5,920,000
Change: +13% · Conversion: Easy
RETAIL STORES
$4,850,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.74M
Range $3.36M – $4.11M · ±10% · vs last sale $3.70M (Sep 2 2022)
Last sale anchor
$3.70M
Sep 2 2022
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
$118 / 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
$37,201
Tax year 2024
Assessed value
$531,440
Assessed 2024
Previous assessed
$531,440
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$9,670
Assessed improvement
$521,770
Land market value
$48,350
Improvement market value
$2,608,850
Total market value
$2,657,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1917
Heating
NONE
Cooling
NONE
Stories
3
Total area
31,772 SF
Lot
0.37 ac (16,117 SF)
APN
34L-185-01-002-00
UPID
US05-0821548
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
MEDICAL BUILDING Current
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$5.9M
RETAIL STORES
Est. value
$4.9M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1917
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
Gip Little Rock LLC
Entity
Mailing address
21805 W FLD PKWY STE #210, DEER PARK, IL 60010-3238
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$3,700,000
Gip Little Rock LLC
Wscamp LLC
Special Warranty Deed
$2,775,000 · Town And Country Bank
Jul 13, 2020
—
Es Camp LLC
—
Deed
related
$2,950,000 · The Citizens Bank
Apr 27, 2020
—
Wscamp LLC
—
Deed
related
$3,500,000 · First Sec Bk
Sep 13, 2018
—
Wscamp LLC
—
Deed
related
$3,500,000 · First Sec Bk
Oct 26, 2015
$3,285,000
Wscamp LLC
The Arc Arkansas
Warranty Deed
$3,500,000 · First Security Bank
—
—
Wscamp LLC
—
Loan Modification
related
$3,500,000 · First Sec Bk
—
—
Wscamp LLC
—
Loan Modification
related
$3,500,000 · 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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