New search
Property profile & analytics
FOR LEASE
Office buildings
1811 Rahling Rd, Little Rock, AR 72223
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0264232
For Lease
1 / 6
$26 SF/Yr
1811 Rahling Rd, Little Rock, AR 72223
View Listing →
Property summary
AI-generated overview
This exceptional office space, located at 1811 Rahling Rd in Little Rock, Arkansas, offers 1,145 square feet of versatile space within a larger 23,108 square foot building. Situated on a 2.17-acre lot in Pulaski County, this single-story building is ideally suited for a variety of businesses. The property's zoning allows for traditional office, medical office, and creative office uses, providing flexibility for potential tenants. The available space is currently vacant and ready for immediate occupancy. The building's multiple tenancy structure ensures a vibrant and collaborative environment. This prime West Little Rock location offers easy access to major thoroughfares, providing excellent visibility and convenient commuting for employees and clients. The address is 1811 Rahling Rd, Little Rock, AR 72223. This is a fantastic opportunity to secure high-quality office space in a desirable area. The property's size and location make it an attractive option for businesses seeking a prominent presence in the Little Rock market. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
20,410 SF
Lot
1.93 ac (84,071 SF)
APN
53L-036-05-004-00
UPID
US05-0264232
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
-
UAMS Health - C. Preston McCormack, M.D. Pediatrician Medical Clinic
-
UAMS - Morgan Moore Horn, M.D. Pediatrician Medical Clinic
-
UAMS Health - Caleb L. Guthrey, M.D. Pediatrician Medical Clinic
-
UAMS Health - Neighborhood Clinic Medical Clinic
-
UAMS - Roslyn A. Grimsley, CNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.86M
CAP Approach
CAP
$3.19M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$3.63M
Owner & transaction history
W Place Properties LLC · 3 yrs held
W Place Properties LLC
since 2023
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.8M
+16.2%
Medical building
$3.4M
+2.4%
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
$3,725,000
ML approach
$3,860,000
CAP Approach
CAP Return
Estimation
6%
$3,455,000
6.5%
$3,190,000
7%
$2,960,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,275,000
Current use
COMMERCIAL (GENERAL)
$3,800,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$3,350,000
Change: +2% · Conversion: Easy
RETAIL STORES
$3,115,000
Change: -5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,665,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10% · vs last sale $3.50M (May 18 2023)
Last sale anchor
$3.50M
May 18 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
$178 / 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
$44,096
Tax year 2024
Assessed value
$685,780
Assessed 2024
Previous assessed
$685,780
+0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$283,575
Assessed improvement
$402,205
Land market value
$1,417,875
Improvement market value
$2,011,025
Total market value
$3,428,900
Applied tax rate
3.0000
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
For Lease
Year built
2007
Heating
NONE
Cooling
NONE
Stories
1
Total area
20,410 SF
Lot
1.93 ac (84,071 SF)
APN
53L-036-05-004-00
UPID
US05-0264232
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
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
W Place Properties LLC
Entity
Mailing address
33 DEAUVILLE CIR, LITTLE ROCK, AR 72223-5532
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
—
W Place Properties LLC
—
Deed
related
$1,505,000 · First Security Bank Little Rock Ranch Ba
May 18, 2023
$3,500,000
W Place Properties LLC
Curtis Finch JR
Warranty Deed
—
Nov 3, 2020
—
Responsiveed Hopincs LLC
Responsive Education Solutions
Quit Claim Deed
related
—
Feb 5, 2020
$4,050,000
Responsive Education Solutions
Two Rahling Centre LLC
Warranty Deed
$4,050,000 · Independent Bk
Aug 4, 2009
—
Curtis Finch JR
Rahling Office Park LLC
Warranty Deed
$2,475,000 · Delta Trust & Bank
—
—
Rahling Office Park LLC
—
Deed Of Trust
related
$2,362,864 · Eagle Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
