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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
1401 Shackleford Rd, Little Rock, AR 72211-4215
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0388497
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
3,970 SF
Lot
2.84 ac (123,710 SF)
APN
44L-080-00-015-00
UPID
US05-0388497
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
-
Residence Inn Little Rock Hotel & Motel
-
1401 South Shackleford Road Parking Parking Lot & Garage
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$575k
Owner & transaction history
Heart Residence LLC · 2 yrs held
Heart Residence LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$740,000
+68.0%
Medical building
$650,000
+48.1%
Retail stores
$605,000
+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
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$440,000
Current use
COMMERCIAL (GENERAL)
$740,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$650,000
Change: +48% · Conversion: Easy
RETAIL STORES
$605,000
Change: +38% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$455,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10%
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
$145 / 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
$83,902
Tax year 2024
Assessed value
$1,198,600
Assessed 2024
Previous assessed
$1,198,600
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$444,960
Assessed improvement
$753,640
Land market value
$2,224,800
Improvement market value
$3,768,200
Total market value
$5,993,000
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
2000
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
96
Total area
3,970 SF
Lot
2.84 ac (123,710 SF)
APN
44L-080-00-015-00
UPID
US05-0388497
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
OFFICE BUILDING Current
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$740,000
MEDICAL BUILDING
Est. value
$650,000
RETAIL STORES
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$455,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2000
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
96
Lot
2.84 ac
Current owner
From public records · entity-resolved
Heart Residence LLC
Entity
Free & Clear · 2 yrs held
Mailing address
209 DEAUVILLE PL, LITTLE ROCK, AR 72223-5508
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
—
Heart Residence LLC
Heart Residence Management LLC
Special Warranty Deed
—
Nov 29, 2021
$170,000
Sangre Investments LLC
Stefan Wayne Elmore
Warranty Deed
$166,000 · First Community Bank
Feb 9, 2018
$8,500,000
Heart Residence Management LLC
Rilr Holding LLC
Grant Deed
$5,200,000 · Us Bank NA #2013-gcj11 (ce)
Jul 3, 2013
—
Rilr Holding LLC
Little Rock Lodging Assocs I L
Grant Deed
related
—
Apr 8, 2013
—
Rilr Holding LLC
Little Rock Lodging Associates I Li
Special Warranty Deed
$5,200,000 · Citigroup Global Markets Realty Cor
Jun 30, 2004
—
Rock Lodging Assocs I L Little
—
Deed Of Trust
related
$321,516,500 · Merrill Lynch Mortgage Lending
—
—
Servico Columbia INC
—
Deed Of Trust
related
$35,076,383 · Merryll Lync Tr 2005-ck11 (ct)
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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