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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Flex space
211 Grant Park Cir, N Little Rock, AR 72117-5364
Trust Owned
11-yr Hold
Free & Clear
Property ID
US05-0268620
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2002
Total area
52,250 SF
Lot
14.06 ac (612,454 SF)
APN
24N-002-05-005-00
UPID
US05-0268620
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.30M
Owner & transaction history
Mccroskey,robbie J Trust · 11 yrs held
Mccroskey,robbie J Trust
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 N Little Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs N 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,755,000
Current use
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±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
$44 / 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
$33,086
Tax year 2024
Assessed value
$558,892
Assessed 2024
Previous assessed
$558,892
+0.0% YoY
Effective rate
5.92%
On assessed value
Assessed land
$102,160
Assessed improvement
$456,732
Land market value
$510,800
Improvement market value
$2,283,660
Total market value
$2,794,460
Applied tax rate
6.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
NONE
Stories
1
Total area
52,250 SF
Lot
14.06 ac (612,454 SF)
APN
24N-002-05-005-00
UPID
US05-0268620
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
14.06 ac
Current owner
From public records · entity-resolved
Mccroskey,robbie J Trust
Trust
Free & Clear · 11 yrs held
Mailing address
PO BOX 94235, NORTH LITTLE ROCK, AR 72190-4235
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2020
—
Dwm Construction INC
—
Deed
related
—
Jul 30, 2018
—
Dwm Construction INC
—
Deed
related
—
Jul 21, 2017
—
Dwm Construction INC
—
Deed
related
—
Jul 14, 2017
—
Dwm Construction INC
—
Deed
related
—
Sep 15, 2014
—
Mccroskey,robbie J Trust
Mccroskey,david W JR & Robbie J
Quit Claim Deed
related
—
Mar 8, 2007
—
David Mccroskey
—
Trustees Deed
related
$200,000 · Twin City Bank
—
—
David W Mccroskey
—
Loan Modification
related
—
—
—
Mccroskey,david W & Robbie J
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Loan Modification
related
—
—
—
David W Mccroskey
—
Deed Of Trust
related
—
—
—
David W Mccroskey
—
Deed Of Trust
related
—
—
—
Dwm Construction INC
—
Deed Of Trust
related
—
—
—
Dwm Construction INC
—
Deed Of Trust
related
—
—
—
David W Mccroskey
—
Loan Modification
related
—
—
—
Mccroskey,david W & Robbie J
—
Loan Modification
related
—
—
—
Dwm Construction INC
—
Deed Of Trust
related
—
—
—
Mccroskey,david W & Robbie J
—
Loan Modification
related
—
—
—
Mccroskey,david W & Robbie J
—
Loan Modification
related
—
—
—
David W Mccroskey
—
Deed Of Trust
related
—
—
—
Dwm Construction INC
—
Deed Of Trust
related
—
—
—
Mccroskey,david W JR & Robbie J
—
Deed Of Trust
related
$200,000 · Centennial Bk
—
—
David W Mccroskey
—
Loan Modification
related
—
—
—
David W Mccroskey JR.
—
Deed Of Trust
related
—
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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