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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Turn key restaurants
300 3rd St Ste 101, Little Rock, AR 72201-1681
Trust Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0439916
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Total area
6,594 SF
APN
34L-020-40-001-00
UPID
US05-0439916
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
-
Copper Grill Restaurant
-
Little Rock Paper Shredding Recycling Center Waste Management Facility
-
300 Third Tower Condominium Complex
-
Salon On Third Hair Salon Nail Salon
-
R.A.H Hair Design Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Pitts Thomas B Trust · 14 yrs held
Pitts Thomas B Trust
since 2011
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$89 / 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
$10,953
Tax year 2024
Assessed value
$267,000
Assessed 2024
Previous assessed
$267,000
+0.0% YoY
Effective rate
4.10%
On assessed value
Assessed improvement
$267,000
Improvement market value
$1,335,000
Total market value
$1,335,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
6,594 SF
APN
34L-020-40-001-00
UPID
US05-0439916
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
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Pitts Thomas B Trust
Trust
Mailing address
121 S BUCKEYE ST STE #300, NORTH LITTLE ROCK, AR 72114-6003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
43 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2011
—
Pitts Thomas B Trust
Walsh,kevin
Quit Claim Deed
related
—
Sep 20, 2011
$261,000
Jay Kim
Centennial Bk
Warranty Deed
$208,800 · Arkansas FCU
Aug 2, 2011
$342,000
Lakeshore Oaks LLC
Gordy,luther F III & Donna R
Warranty Deed
$3,472,700 · Centennial Bank
Jun 30, 2011
$215,000
Marn Cheng
Huber,laura
Warranty Deed
$172,000 · Wells Fargo Bank
Jun 23, 2011
—
Saucy Shannon Family Trust
Saucy,shannon
Quit Claim Deed
related
—
Apr 18, 2011
—
Kaliki Family Trust
Kaliki,prabhakara R & Jyothi
Quit Claim Deed
related
—
Apr 5, 2011
$565,000
Gregory L Hendrix
Ksp LLC
Warranty Deed
—
Mar 4, 2011
—
Anna C Ellis-hendrix
Hendrix,gregory L
Quit Claim Deed
related
—
Jan 15, 2008
—
Kevin Walsh
—
Trustees Deed
related
$337,591 · Twin City Bank
Oct 1, 2007
$550,000
Trinity Properties & Invs LLC
300 Third LLC
Warranty Deed
$550,000 · Liberty Bank Arkansas
Jul 12, 2007
$49,333
Keith Hardin
300 Third LLC
Warranty Deed
$680,936 · Bank Of Little Rock
Jun 20, 2007
$1,132,000
Tibbs Real Estate Invs LLC
300 Third LLC
Warranty Deed
$962,047 · Metropolitan National Bank
May 23, 2007
$570,000
L & L Investments Ltd
300 Third LLC
Warranty Deed
$555,000 · Metropolitan National Bank
May 10, 2007
$338,000
Kevin Walsh
300 Third LLC
Warranty Deed
$337,591 · Twin City Bank
Apr 25, 2007
$378,000
Michael T Puckett
300 Third LLC
Warranty Deed
$302,100 · Bank Of The Ozarks
Apr 23, 2007
$471,000
Robert D Longo
300 Third LLC
Warranty Deed
$399,600 · Bank Of The Ozarks
Nov 21, 2006
$840,000
Steve Landers
300 Third LLC
Warranty Deed
$1,300,000 · Twin City Bank
Nov 7, 2006
$287,000
Nam-ark Properties LLC
300 Third LLC
Warranty Deed
$360,000 · Centennial Bank
Mar 10, 2005
—
Moses Tucker Investments LLC
—
Trustees Deed
related
$1,000,000 · Metropolitan National Bank
—
—
L & L Investments Ltd
—
Deed Of Trust
related
—
—
—
Frederick Mcclimans
—
Deed Of Trust
related
$528,000 · Metropolitan National Bank
—
—
Shannon D Saucy
—
Deed Of Trust
related
$250,350 · Bank Of England
—
—
Justin Hall
—
Deed Of Trust
related
$417,000 · Centennial Bank
—
—
L & L Investments Ltd
—
Deed Of Trust
related
—
—
—
James Kaput
—
Deed Of Trust
related
$266,230 · J P Morgan Chase Bank
—
—
Clinton D Mcgue
—
Deed Of Trust
related
—
—
—
David B Herring
—
Deed Of Trust
related
$223,500 · Bank Of The Ozarks
—
—
Shannon D Saucy
—
Deed Of Trust
related
$40,950 · Metropolitan National Bank
—
—
L & L Investments Ltd
—
Deed Of Trust
related
—
—
—
Clinton D Mcgue
—
Deed Of Trust
related
$330,000 · Centennial Bank
—
—
Anthony C Karklins
—
Deed Of Trust
related
$374,400 · First Security Bank
—
—
Young T Hutchinson
—
Deed Of Trust
related
$33,000 · Bank Of America
—
—
Randi F Hutchinson
—
Deed Of Trust
related
$160,000 · Suntrust Mortgage INC
—
—
Tibbs Real Estate Invs LLC
—
Deed Of Trust
related
—
—
—
Christy H Chris
—
Deed Of Trust
related
$552,931 · Carroll Mortgage Co
—
—
Joel D Galloway
—
Deed Of Trust
related
$120,000 · Metropolitan National Bank
—
—
Robert M Koch JR.
—
Deed Of Trust
related
$226,300 · Bank Of Little Rock Mtg Corp
—
—
J Mark Hoskyn
—
Deed Of Trust
related
$100,147 · Bancorp South Bank
—
—
Aead Investments II LLC
—
Deed Of Trust
related
—
—
—
Anthony C Karklins
—
Deed Of Trust
related
$46,800 · First Security Bank
—
—
Kevin Walsh
—
Deed Of Trust
related
—
—
—
L & L Investments Ltd
—
Deed Of Trust
related
—
—
—
Ted Belden
—
Deed Of Trust
related
$250,000 · First Arkansas 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.
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