New search
Property profile & analytics
OFF-MARKET
Estimated value
$19,635,000
Strip malls
3321 Bowman Rd, Little Rock, AR 72211-4686
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-1834763
Property summary
AI-generated overview
Bowman Pointe Centre, located at 3321 S Bowman Rd, Little Rock, AR 72211, offers 25,000 square feet of versatile commercial space in a mixed-use development. This single-story, 2020-built building sits on a 4.56-acre lot and is situated in the LR - West submarket of Pulaski County. The property features a traditional office layout with executive office options, suitable for multiple tenants. Spaces are divisible down to 1,265 square feet, with a maximum contiguous space of 25,000 square feet – the entire building is currently vacant. Ceiling heights range from 11 to 13 feet. A $35.00 per square foot tenant finish allowance is available. The building is part of Phase 4 of Bowman Pointe Apartments, a 715-unit luxury residential complex. A designated area at the west end is ideal for a restaurant with outdoor patio space. This location offers excellent visibility and accessibility via its proximity to S Bowman Road. The property is categorized as Retail, Office, and Restaurant, offering diverse leasing opportunities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2022
Total area
249,204 SF
Lot
4.54 ac (197,762 SF)
APN
44L-142-00-030-10
UPID
US05-1834763
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
-
Flip My Marriage Consultant
-
Betton Home Buyers Real Estate Agency
-
Farmers Insurance - Ryne Ballou Insurance Agency
-
Ms. Mia Gordon Counselor Practitioner Service Location
-
Building 14 Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.53M
Blend (final)
Blend
$19.64M
Owner & transaction history
Bowman Pointe Phase IV Kkc · 7 yrs held
Bowman Pointe Phase IV Kkc
since 2019
2 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$32,545,000
Current use
AUTO REPAIR, GARAGE
$28,540,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$27,630,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$19.64M
Range $17.67M – $21.60M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$79 / 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
$388,094
Tax year 2024
Assessed value
$5,544,200
Assessed 2024
Previous assessed
$5,734,700
-3.3% YoY
Effective rate
7.00%
On assessed value
Assessed land
$39,565
Assessed improvement
$5,504,635
Land market value
$197,825
Improvement market value
$27,523,175
Total market value
$27,721,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2022
Heating
NONE
Cooling
NONE
Stories
4
Units
154
Total area
249,204 SF
Lot
4.54 ac (197,762 SF)
APN
44L-142-00-030-10
UPID
US05-1834763
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$32.5M
AUTO REPAIR, GARAGE
Est. value
$28.5M
OFFICE BUILDING
Est. value
$27.6M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Cooling
Yes
Stories
4
Units
154
Lot
4.54 ac
Current owner
From public records · entity-resolved
Bowman Pointe Phase IV Kkc
Individual
Free & Clear · 7 yrs held
Mailing address
9800 MAUMELLE BLVD, NORTH LITTLE ROCK, AR 72113-7027
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2019
$198,000
Bowman Pointe Phase IV Kkc
Garth Development LLC
Warranty Deed
—
—
—
Bowman Pointe LLC
—
Loan Modification
related
$13,050,000 · Federal Nat'l Mtg Assn (fnma)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3321 Bowman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
