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Property profile & analytics
OFF-MARKET
Industrial land
31st Senate Dr Little Rock, AR 72209
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0346252
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1962
Total area
520 SF
Lot
0.16 ac (6,970 SF)
APN
34L-293-00-010-00
UPID
US05-0346252
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elm Street Industrial Property II L · 2 yrs held
Elm Street Industrial Property II L
since 2024
6 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
—
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
$49
Tax year 2024
Assessed value
$700
Assessed 2024
Previous assessed
$700
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$700
Land market value
$3,500
Total market value
$3,500
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1962
Heating
WOOD FURNACE
Stories
1
Bathrooms
1
Total area
520 SF
Lot
0.16 ac (6,970 SF)
APN
34L-293-00-010-00
UPID
US05-0346252
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
1962
Heating
WOOD FURNACE
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Elm Street Industrial Property II L
Entity
Mailing address
191 FREDERICK PL, BERGENFIELD, NJ 07621-4212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
—
Elm Street Industrial Property II L
Stone Bank
Special Warranty Deed
$934,050 · Stone Bank
Jun 21, 2023
$238
3200 Myers Street Partners LLC
Commissioner Of State Lands
Redemption Deed
related
—
Mar 21, 2017
$317,500
3200 Myers Street Partners LLC
Vick,michael E JR
Warranty Deed
—
May 29, 2007
—
Lewis E Elmore JR.
Jenkins,lillian L
Quit Claim Deed
related
—
May 29, 2007
$4,000
Bobby W Stewart
Elmore,lewis E JR & Carolyn
Warranty Deed
—
—
—
3200 Myers Street Partners LLC
—
Loan Modification
related
$191,046 · Stone Bk
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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