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Property profile & analytics
OFF-MARKET
Estimated value
$7,890,000
Hotels
424 Markham St, Little Rock, AR 72201-1408
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0230651
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Total area
178,019 SF
APN
34L-020-05-088-01
UPID
US05-0230651
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
-
DoubleTree by Hilton Hotel Little Rock Hotel & Motel
-
Encore Rental Equipment Company Tech Support Center
-
Simmons Bank Arena Resort
-
Cardtronics ATM Atm
-
First Class Auto Transport Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.03M
Comparable Approach
Comparable
$6.13M
Blend (final)
Blend
$7.89M
Owner & transaction history
Fac-w Markham LLC · 6 yrs held
Fac-w Markham LLC
since 2020
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 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%
$7,610,000
6.5%
$7,025,000
7%
$6,525,000
Blend value · Realmo final
$7.89M
Range $7.10M – $8.68M · ±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
$44 / 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
$278,194
Tax year 2024
Assessed value
$3,974,200
Assessed 2024
Previous assessed
$3,974,200
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed improvement
$3,974,200
Improvement market value
$19,871,000
Total market value
$19,871,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
NONE
Stories
14
Units
288
Total area
178,019 SF
APN
34L-020-05-088-01
UPID
US05-0230651
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
1973
Heating
NONE
Cooling
Yes
Stories
14
Units
288
Current owner
From public records · entity-resolved
Fac-w Markham LLC
Entity
Mailing address
500 W MARKHAM ST STE #310, LITTLE ROCK, AR 72201-1430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
—
Fac-w Markham LLC
—
Deed
related
$26,500,000 · Argentic R/e Inv LLC
Jan 8, 2020
—
Fac-w Markham LLC
—
Deed
related
$26,500,000 · Argentic R/e Inv LLC
Jun 6, 2017
—
Arkansas Riverview Dev LLC
—
Trustees Deed
related
$1,850,000 · Farm Credit Svcs
Jan 7, 2015
—
Fac-w Markham LLC
—
Grant Deed
related
$22,000,000 · Redwood Com'l Mtg
—
—
Fac-w Markham LLC
—
Deed Of Trust
related
$26,500,000 · Argentic R/e Inv LLC
—
—
Fac-w Markham LLC
—
Deed Of Trust
related
$26,500,000 · Argentic R/e Inv LLC
—
—
Tb Little Rock LLC
—
Deed Of Trust
related
$70,300,000 · Bear Stearns Commercial Mtg
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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