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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2102 Mckinley St Little Rock, AR 72207-3435

    • Grocery and convenience stores
    • 3,880 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $340,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0303391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mc Kinley Food Mart / Grocery Store
    • Woof Happy Tails. Pet Grooming Salon in Little Rock / Pet Groomer
    • Woof Happy Tails #2 / Pet Groomer

    Property Details for 2102 Mckinley St

    Year built
    1965
    Lot size
    0.32 lot acres
    Property size
    3,880 SF
    Property type
    Grocery and convenience stores
    APN
    43L-056-00-014-00
    APU
    43L0560001400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $377,000
      Market price range: $377k - $911k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $445,000
      OFFICE BUILDING
      $430,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3452
    Latitude
    34.7711
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,175
    $22,163
    $51,765
    $73,928
    -
    $110,815
    $258,825
    $369,640

    Comparable in this City

    • Value Estimation
      $475,000
      2,960 SF

      7312 Cantrell Rd

      CONVENIENCE STORE • 2,960 SF
      7312 Cantrell Rd, Little Rock, AR 72207-4145
      View Details
    • Value Estimation
      $330,000
      3,108 SF

      7320 Cantrell Rd

      CONVENIENCE STORE • 3,108 SF
      7320 Cantrell Rd, Little Rock, AR 72207-4145
      View Details
    • Value Estimation
      $365,000
      2,070 SF

      7011 Cantrell Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,070 SF
      7011 Cantrell Rd, Little Rock, AR 72207-4138
      View Details
    • Value Estimation
      $335,000
      3,044 SF

      6801 Cantrell Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,044 SF
      6801 Cantrell Rd, Little Rock, AR 72207-4134
      View Details
    • Value Estimation
      $325,000
      2,039 SF

      5601 Kavanaugh Blvd

      FINANCIAL BUILDING • 2,039 SF
      5601 Kavanaugh Blvd, Little Rock, AR 72207-4423
      View Details
    • Value Estimation
      $1,210,000
      7,936 SF

      7315 Cantrell Rd

      SHOW ROOM, WAREHOUSE • 7,936 SF
      7315 Cantrell Rd, Little Rock, AR 72207-4144
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,334 SF

      Kavanaugh Blvd Retail Storefront

      Prime Hillcrest location, 2,334 sq ft retail space.
      5004 Kavanaugh Blvd, Little Rock, AR 72207
      View Details
    • $225,000
      3.12 Acres

      Little Rock Residential Lot

      3+ acre residential lot with creek and waterfall views.
      10 Greathouse Bend Dr, Little Rock, AR 72207
      View Details
    • $350,000
      0.60 Acres

      University Evergreen Commercial Lot

      0.6-acre commercial land, Little Rock.
      3 University Evergreen, Little Rock, AR 72207
      View Details
    • $225,000
      0.63 Acres

      Residential Lot in Quiet Area

      Residential lot with potential owner financing and creek access.
      21 Woodglen Rd, Little Rock, AR 72207
      View Details
    • $450,000
      0.16 Acres

      Residential Lot in Heights Neighborhood

      Residential lot ready to build in Little Rock's Heights neighborhood.
      2704 N Taylor St, Little Rock, AR 72207
      View Details
    • $250,000
      0.81 Acres

      Residential Lot in Quiet Area

      Residential lot with great views and possible owner financing.
      48 Woodglen Rd, Little Rock, AR 72207
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,400 SF

      Retail Space on Kavanaugh Boulevard

      Retail space with frontage on Kavanaugh Boulevard.
      5619-5621 Kavanaugh Blvd, Little Rock, AR 72207
      View Details
    • $20 SF/Yr
      1,800 SF

      Retail Space in Heights Neighborhood

      Retail space with high visibility in the Heights neighborhood.
      5208 Kavanaugh Blvd, Little Rock, AR 72207
      View Details
    • $22 SF/Yr
      1,750 SF

      Retail Space with Basement Storage

      1,750 SF retail space with basement storage included.
      5711 Kavanaugh Blvd, Little Rock, AR 72207
      View Details
    • $700 /Mo
      870 SF

      Renovated Retail Suites For Rent

      Newly renovated retail suites in growing arts community.
      7501 Cantrell Rd, Little Rock, AR 72207
      View Details
    • Contact for pricing
      48,500 SF

      Tanglewood Center: Office Suites

      Little Rock Office Space: Flexible Lease Terms
      7509 Cantrell Rd, Little Rock, AR 72207
      View Details
    • $17 SF/Yr
      36,256 SF

      Forest Heights Office Building, Little Rock

      Midtown Little Rock Office Space: 7 Suites Available
      1405 Pierce St, Little Rock, AR 72207
      View Details
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    2102 Mckinley St
    Little Rock, AR 72207-3435
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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