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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Medical Office Space
4505 Mccain Blvd, N Little Rock, AR 72117-2902
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US05-0359328
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
5,835 SF
Lot
0.66 ac (28,750 SF)
APN
23N-013-07-001-01
UPID
US05-0359328
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
$855k
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.17M
Owner & transaction history
Dixon Properties LLC · 3 yrs held
Dixon Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+13.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$855,000
7%
$795,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$960,000
Current use
COMMERCIAL (GENERAL)
$1,085,000
Change: +13% · Conversion: Easy
RETAIL STORES
$890,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$201 / 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
$15,722
Tax year 2024
Assessed value
$265,582
Assessed 2024
Previous assessed
$265,582
+0.0% YoY
Effective rate
5.92%
On assessed value
Assessed land
$86,247
Assessed improvement
$179,335
Land market value
$431,235
Improvement market value
$896,675
Total market value
$1,327,910
Applied tax rate
6.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,835 SF
Lot
0.66 ac (28,750 SF)
APN
23N-013-07-001-01
UPID
US05-0359328
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
MEDICAL BUILDING Current
Est. value
$960,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$890,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Dixon Properties LLC
Entity
Mailing address
20 PO BOX 345TH LOOP, HOUSTON, AR 72070-0345
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2026
—
Dixon Properties LLC
—
Deed
related
$750,000 · First Community Bank NA
Apr 28, 2023
—
Dixon Properties LLC
Keith A Dixon
Intrafamily Transfer
related
—
Jun 4, 2020
—
Dixon Properties LLC
—
Deed
related
$4,485,500 · First Cmnty Bk
Apr 26, 2017
—
Dixon Properties LLC
—
Deed
related
$3,748,712 · First Svc Bk
Apr 7, 2017
—
Dixon Properties LLC
—
Deed
related
—
Apr 4, 2016
—
Dixon Properties LLC
Keith A Dixon
Intrafamily Transfer
related
$3,414,497 · First Service Bank
Oct 14, 2013
—
Keith A Dixon
—
Trustees Deed
related
$65,000 · Arvest Bank
Mar 13, 2012
—
Keith A Dixon
—
Deed Of Trust
related
$3,846,794 · Arvest Bank
Jan 27, 2012
—
Keith A Dixon
—
Deed Of Trust
related
$3,846,794 · Arvest Bank
Nov 29, 2011
—
Keith A Dixon
Dixon,alisa B
Quit Claim Deed
related
—
—
—
Keith A Dixon
—
Deed Of Trust
related
$226,476 · Arvest Bank
—
—
Keith A Dixon
—
Deed Of Trust
related
$63,000 · Arvest Bank
—
—
Keith A Dixon
—
Deed Of Trust
related
$237,500 · Twin City Bank
—
—
Dixon Properties LLC
—
Deed Of Trust
related
$4,485,500 · First Cmnty Bk
—
—
Dixon Properties LLC
—
Loan Modification
related
—
—
—
Dixon Properties LLC
—
Loan Modification
related
$3,748,712 · First Svc Bk
—
—
Keith A Dixon
—
Deed Of Trust
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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