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

    301 University Ave Little Rock, AR 72205-5218

    • Hotels
    • 38,996 SF
    OFF-MARKET
    Value Estimations
    $1,465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0231648
    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

    • Guest Inn & Suites Little Rock Medical Center / Hotel
    • Guest Inn & Suites - Midtown Medical Center / Hotel
    • Little Rock Internal Med Cinc / Internist
    • Tesla Destination Charger / Electric Vehicle Charging Station

    Property Details for 301 University Ave

    Year built
    1978
    Property size
    38,996 SF
    Property type
    Hotels
    APN
    34L-094-00-046-02
    APU
    34L0940004602

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,665,000
      6.5%
      $1,540,000
      7%
      $1,430,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3395
    Latitude
    34.7506
    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
    $36,288
    $0.00
    $518,400
    $518,400
    -
    $0.00
    $2,592,000
    $2,592,000

    Comparable in this City

    • Value Estimation
      $4,805,000
      44,493 SF

      306 Markham Ctr Dr

      HOTEL • 44,493 SF
      306 Markham Ctr Dr, Little Rock, AR 72205-1570
      View Details
    • Value Estimation
      $1,445,000
      46,974 SF

      9 Crossings Ct

      HOTEL • 46,974 SF
      9 Crossings Ct, Little Rock, AR 72205-6946
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    • Value Estimation
      $1,655,000
      54,380 SF

      2710 Shackleford Rd

      HOTEL • 54,380 SF
      2710 Shackleford Rd, Little Rock, AR 72205-6918
      View Details
    • Value Estimation
      $2,595,000
      91,786 SF

      11 Crossings Ct

      HOTEL • 91,786 SF
      11 Crossings Ct, Little Rock, AR 72205-6946
      View Details
    • Value Estimation
      $1,315,000
      46,904 SF

      10520 Markham St

      HOTEL • 46,904 SF
      10520 Markham St, Little Rock, AR 72205-2140
      View Details
    • Value Estimation
      $5,945,000
      50,464 SF

      12 Crossings Ct

      HOTEL • 50,464 SF
      12 Crossings Ct, Little Rock, AR 72205-6946
      View Details

    Similar Nearby for Sale

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      Luxury Little Rock Hotel - Investment Opportunity

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    • $3,800,000
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      Little Rock Commercial Land - 21 Acres

      Prime Little Rock location, high traffic, multifamily zoning.
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    • $1,900,000
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      27-Unit Multifamily Investment Opportunity

      27-unit multifamily complex in Little Rock's Midtown area.
      115 N Taylor St St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      0.51 Acres

      Residential Lot in Little Rock

      Residential lot suitable for building a rental home.
      E 33Rd St, Little Rock, AR 72205
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    • $577,817
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      Prime Little Rock Development Land

      4.08 Acres, R-2 Zoning, High Visibility
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      I-430 Corridor Development Land

      Little Rock Mixed-Use Land Opportunity
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    Similar Nearby for Lease

    • $16 SF/Yr
      30,000 SF

      Executive Court Office Space

      Little Rock, AR Office Suites Available
      320 Executive Ct, Little Rock, AR 72205
      View Details
    • $20 SF/Yr
      26,400 SF

      Kanis Park Office Building For Lease

      Little Rock medical/creative office space available
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    • Contact for pricing
      124,705 SF

      Retail Space in Established Center

      Retail spaces available in well-located, established Little Rock shopping center.
      9101 W Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Midtown Center

      Retail space available in a vibrant Little Rock shopping center.
      201 N University Ave, Little Rock, AR 72205
      View Details
    • $1,400 /Mo
      28,905 SF

      Renovated Office Space Available

      Office space for lease with convenient highway access.
      10201 W Markham St, Little Rock, AR 72205
      View Details
    • $16 SF/Yr
      1,300 SF

      Move-in Ready Office Space

      Office space in Little Rock's retail corridor for rent.
      9801 W Markham St, Little Rock, AR 72205
      View Details
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    301 University Ave
    Little Rock, AR 72205-5218
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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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