Property profile

3500 S University Ave Little Rock, AR 72204

FOR LEASE
Office buildings
Saved · see the list in your Dashboard
Property ID
US05-0268444
7,544 SF 0.99 ac Built 1960
Last sale May 2020·$440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This retail shopping center encompasses 47,074 square feet on a site exceeding 4 acres, with approximately 702 feet of frontage along University Avenue. The center is located on a major intersection in Little Rock, Arkansas, and provides hard-corner positioning with Bank of America on the north side and Walgreens on the south side. The property has frontage on University Avenue, with the University of Arkansas at Little Rock directly across University Avenue to the east, and it is situated at a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$100k
Assessed land$48k
Assessed improvement$51k
Effective rate7.00%

Value estimate

· Nov 2026
$420k
$378k – $462k
AI approach$430k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$12k
Operating expenses−$24k
NOI · 513,057.14% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$111/SF
Submarket average, outlier-cleaned · 240 recorded sales of this use type
Observed band · Q1–Q3$55 – $176

Cap rate analysis

How does the asset earn?
513,057.14%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPULASKI

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.1
Law Firm23.1
Building Supply16.8

Location

3500 S University Ave Little Rock, AR 72204
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9600 36th, Little Rock, AR 72204-6710 $3,650,000 Dec 2023 10,476 SF
5300 12th, Little Rock, AR 72204-1859 $105,000 Apr 2023 4,100 SF
1023 Rushing, Little Rock, AR 72204-2498 $590,000 Nov 2022 15,200 SF
3300 Woodrow, Little Rock, AR 72204-6550 $675,000 Mar 2022 5,064 SF
3521 Asher, Little Rock, AR 72204-5540 $14,402 Aug 2021 6,120 SF
2 Remington, Little Rock, AR 72204-8274 $200,000 Jul 2019 7,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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