Financial
Distress signals
Property profile

424 N University Ave Little Rock, AR 72205

FOR LEASE
Medical Office Space
Property ID
US05-0281796
11,948 SF 1.02 ac lot Built 1971
Last sale Jun 2018 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The building is an 11,948-square-foot property located at the southwest corner of University Ave. and Father Tribou St. in Midtown, within Little Rock’s established medical corridor. It has been utilized by medical office users and is positioned near major medical facilities including UAMS, CHI St. Vincent, and the Doctor’s Building. The property is situated on a corner site providing street frontage and visibility to passing traffic.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$341k
Assessed land$80k
Assessed improvement$261k
Effective rate7.00%

Value estimate

· Sep 2026
$455k
$410k – $501k
CAP approach$1.76M
Submarket $/SF estimate$2.01M
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$5k
Operating expenses−$10k
NOI · 193,600.00% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$80 – $231

Cap rate analysis

How does the asset earn?
193,600.00%
$29k 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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop21.0
Building Supply16.7
HVAC Service14.9

Location

424 N University Ave Little Rock, AR 72205
County assessor Recorded deeds · 2 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
1301 Wilson, Little Rock, AR 72205-6659 $1,250,000 Jan 2025 5,878 SF
1701 Aldersgate, Little Rock, AR 72205-6675 $3,125,000 Mar 2024 22,665 SF
8821 Knoedl, Little Rock, AR 72205-4600 $4,000,000 Oct 2021 16,917 SF
10319 Markham, Little Rock, AR 72205-2186 $1,100,000 Oct 2020 13,171 SF
8924 Kanis, Little Rock, AR 72205-6414 $1,500,000 Jun 2020 13,656 SF
1501 Aldersgate, Little Rock, AR 72205-6611 $1,310,000 Jul 2019 7,435 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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