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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Grocery and convenience stores
2102 Mckinley St Little Rock, AR 72207-3435
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0303391
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Total area
3,880 SF
Lot
0.32 ac (13,939 SF)
APN
43L-056-00-014-00
UPID
US05-0303391
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
-
Mc Kinley Food Mart Grocery & Convenience Store Food Market
-
Woof Happy Tails. Pet Grooming Salon in Little Rock Pet Grooming Service
-
Woof Happy Tails #2 Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$377k
Blend (final)
Blend
$545k
Owner & transaction history
Frank C Mckinney · 4 yrs held
Frank C Mckinney
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$725,000
+42.6%
Medical building
$635,000
+25.8%
Retail stores
$590,000
+16.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Current use
COMMERCIAL (GENERAL)
$725,000
Change: +43% · Conversion: Easy
MEDICAL BUILDING
$635,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$590,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$445,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$140 / 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
$5,175
Tax year 2024
Assessed value
$73,928
Assessed 2024
Previous assessed
$73,928
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$22,163
Assessed improvement
$51,765
Land market value
$110,815
Improvement market value
$258,825
Total market value
$369,640
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,880 SF
Lot
0.32 ac (13,939 SF)
APN
43L-056-00-014-00
UPID
US05-0303391
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$725,000
MEDICAL BUILDING
Est. value
$635,000
RETAIL STORES
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$445,000
OFFICE BUILDING
Est. value
$430,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1965
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Frank C Mckinney
Individual
Mailing address
6405 KENWOOD RD, CAMMACK VILLAGE, AR 72207-1831
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
Jan 11, 2022
—
Frank C Mckinney
—
Deed
related
$475,000 · Iberiabank
Oct 26, 2016
—
R H Mckinney JR.
—
Deed
related
$573,750 · Iberiabank
Aug 23, 2007
—
Richard H Mckinney
—
Trustees Deed
related
$40,000 · Bank Of Little Rock
Jun 30, 2006
—
Richard H Mckinney
—
Trustees Deed
related
$15,000 · Bank Of Little Rock
Jul 2, 2004
—
Richard H Mckinney JR.
—
Trustees Deed
related
$32,000 · Bank Of Little Rock
—
—
Richard H Mckinney
—
Deed Of Trust
related
$637,500 · Bank Of Little Rock
—
—
R H Mckinney JR.
—
Deed Of Trust
related
$573,750 · Iberiabank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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