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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Warehouses
4806 Rixie Rd N Little Rock, AR 72117-1537
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US05-2337565
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
7,750 SF
Lot
3.09 ac (134,600 SF)
APN
23R-003-00-134-00
UPID
US05-2337565
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
$525k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$457k
Blend (final)
Blend
$525k
Owner & transaction history
Hre Holdings LLC · 2 yrs held
Hre Holdings LLC
since 2024
Last sale
$525,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$765,000
+137.3%
Commercial (general)
$695,000
+115.4%
Auto repair, garage
$680,000
+111.1%
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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$325,000
Current use
RETAIL STORES
$765,000
Change: +137% · Conversion: Moderate
COMMERCIAL (GENERAL)
$695,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: +111% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$610,000
Change: +89% · Conversion: Moderate
OFFICE BUILDING
$585,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Apr 2 2024)
Last sale anchor
$525k
Apr 2 2024
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
$68 / 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
$4,960
Tax year 2024
Assessed value
$97,640
Assessed 2024
Previous assessed
$97,640
+0.0% YoY
Effective rate
5.08%
On assessed value
Assessed land
$32,234
Assessed improvement
$65,406
Land market value
$161,170
Improvement market value
$327,030
Total market value
$488,200
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
NONE
Stories
1
Total area
7,750 SF
Lot
3.09 ac (134,600 SF)
APN
23R-003-00-134-00
UPID
US05-2337565
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
WAREHOUSE, STORAGE Current
Est. value
$325,000
RETAIL STORES
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$610,000
OFFICE BUILDING
Est. value
$585,000
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1985
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.09 ac
Current owner
From public records · entity-resolved
Hre Holdings LLC
Entity
Mailing address
4806 RIXIE RD, NORTH LITTLE ROCK, AR 72117-1537
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$490
Hre Holdings LLC
Commissioner Of State Lands State O
Public Action
related
—
Sep 15, 2022
—
Hre Holdings LLC
—
Deed
related
$108,781 · Southern Bank
May 25, 2022
—
Hre Holdings LLC
—
Deed
related
$22,000 · Southern Bank
Dec 14, 2021
$525,000
Hre Holdings LLC
Comfort Systems USA Arkansas INC
Special Warranty Deed
$566,250 · Southern Bank
Dec 5, 2008
$740,000
Comfort Systems USA Arkansas
Jester,clyde A & Glenda J
Warranty Deed
—
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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