Property profile

215 Markham Ctr Dr Little Rock, AR 72205

OFF-MARKET
Other commercial real estate
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Property ID
US05-0234325
4,505 SF 0.49 ac Built 1994
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

215 Markham Center Drive is an office building configured for a single-tenant occupancy. The property was occupied by Cardinal Health beginning in 1994 and is currently leased to Cardinal Health under a net lease structure (NNN). As reflected in the lease history and renewal work, the tenancy has been supported by a tenant improvement allowance associated with the tenant’s renewal. The building’s lease structure includes a term extension of 10 years with scheduled annual rental escalations of 2%.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$93k
Assessed land$43k
Assessed improvement$50k
Effective rate7.00%

Value estimate

· Nov 2026
$295k
$266k – $325k
CAP approach$690k
Submarket $/SF estimate$417k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
Submarket average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$52 – $783
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPULASKI

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.1
Wholesale Shop21.7
Auto Repair Shop16.7

Location

215 Markham Ctr Dr Little Rock, AR 72205-1569
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1900 Aldersgate, Little Rock, AR 72205-6620 $8,700,000 Oct 2024 32,517 SF
6301 C, Little Rock, AR 72205-3111 $950,000 Sep 2022 8,531 SF
1307 John Barrow, Little Rock, AR 72205-6527 $505,000 Aug 2021 10,775 SF
1300 Wilson, Little Rock, AR 72205-6634 $490,000 Oct 2020 19,283 SF
704 Woodrow, Little Rock, AR 72205-6038 $116,000 Apr 2020 1,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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