Property profile

1506 Merrill Dr Little Rock, AR 72211

OFF-MARKET
Strip malls
Property ID
US05-0272534
125,479 SF 7.34 ac lot Built 1987
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 125,479 SF
Lot 7.34 ac (319,730 SF)
APN 43L-112-00-019-00
UPID US05-0272534

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1506 Merrill Dr Little Rock, AR 72211-1822
Little Rock metro Census 2209 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.46M
Blend (final) Blend
$4.38M

Owner & transaction history

since 2021
Last sale
$4.1M
1 recorded transaction
2021
$4.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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