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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3301 Pike Ave N Little Rock, AR 72118-5066
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US05-0229135
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1960
Total area
1,974 SF
Lot
0.54 ac (23,522 SF)
APN
33N-181-01-001-00
UPID
US05-0229135
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
Mohammad K Butte · 7 yrs held
Mohammad K Butte
since 2019
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
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
$3,696
Tax year 2024
Assessed value
$55,328
Assessed 2024
Previous assessed
$55,328
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$28,222
Assessed improvement
$27,106
Land market value
$141,110
Improvement market value
$135,530
Total market value
$276,640
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,974 SF
Lot
0.54 ac (23,522 SF)
APN
33N-181-01-001-00
UPID
US05-0229135
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
1960
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Mohammad K Butte
Individual
Mailing address
3301 PIKE AVE, NORTH LITTLE ROCK, AR 72118-5066
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2019
—
Mohammad K Butte
—
Deed
related
$8,162 · First Security Bank
Dec 13, 2018
—
Mohammad K Butte
—
Deed
related
$280,134 · First Sec Bk
Aug 30, 2016
—
Mohammad K Butte
—
Deed
related
$280,134 · First Sec Bk
Feb 7, 2007
—
Butte,mohammad K
—
Deed Of Trust
related
$280,134 · Union Bk/benton
—
—
Mohammad K Butte
—
Loan Modification
related
$280,134 · First Sec Bk
—
—
Mohammad K Butte
—
Loan Modification
related
—
—
—
Mohammad K Butte
—
Deed Of Trust
related
$7,664 · First Security Bank
—
—
Mohammad K Butte
—
Loan Modification
related
$7,266 · First Sec Bk
—
—
Mohammad K Butte
—
Deed Of Trust
related
$255,522 · First Security Bank
—
—
Mohammad K Butte
—
Deed Of Trust
related
$280,134 · First Security Bank
—
—
Mohammad K Butte
—
Loan Modification
related
$280,134 · First Sec Bk
—
—
Butte,mohammad K
—
Loan Modification
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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