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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
4601 Woodlawn Dr, Little Rock, AR 72205-3860
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0265588
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Total area
2,112 SF
Lot
0.14 ac (6,098 SF)
APN
33L-047-00-242-00
UPID
US05-0265588
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
-
Closed Pediatrician Physician
-
Hillcrest Family Clinic Medical Clinic
-
Dr. Russell Tarr Physician
-
Jay Douglas Holland Pediatrician Physician
-
Anotherway Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$310k
Comparable Approach
Comparable
$464k
Blend (final)
Blend
$505k
Owner & transaction history
Khpm LLC · 2 yrs held
Khpm LLC
since 2023
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$395,000
+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 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
$530,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$335,000
6.5%
$310,000
7%
$290,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$345,000
Current use
COMMERCIAL (GENERAL)
$395,000
Change: +13% · Conversion: Easy
RETAIL STORES
$325,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Dec 29 2023)
Last sale anchor
$500k
Dec 29 2023
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
$239 / 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
$5,505
Tax year 2024
Assessed value
$78,642
Assessed 2024
Previous assessed
$78,642
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$48,208
Assessed improvement
$30,434
Land market value
$241,040
Improvement market value
$152,170
Total market value
$393,210
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,112 SF
Lot
0.14 ac (6,098 SF)
APN
33L-047-00-242-00
UPID
US05-0265588
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
$345,000
COMMERCIAL (GENERAL)
Est. value
$395,000
RETAIL STORES
Est. value
$325,000
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
1960
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Khpm LLC
Entity
Mailing address
403 W OAK ST STE #101, EL DORADO, AR 71730-4573
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
$500,000
Khpm LLC
Holland Hillcrest LLC
Warranty Deed
$475,000 · First Horizon Bank
Feb 6, 2015
—
Jay D Holland
—
Trustees Deed
related
$29,250 · Bancorpsouth
Dec 21, 2011
—
Holland Hillcrest LLC
Holland,jay D & Heather
Quit Claim Deed
related
—
—
—
Jay D Holland
—
Deed Of Trust
related
—
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Jay D Holland
—
Loan Modification
related
—
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Jay D Holland
—
Deed Of Trust
related
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Jay D Holland
—
Loan Modification
related
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Jay D Holland
—
Deed Of Trust
related
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Jay D Holland
—
Deed Of Trust
related
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Jay D Holland
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Loan Modification
related
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Jay D Holland
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Loan Modification
related
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Jay D Holland
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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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