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Property profile & analytics
OFF-MARKET
Drive through restaurants
508 9th St, Little Rock, AR 72201
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0279500
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2017
Total area
2,220 SF
Lot
0.32 ac (13,939 SF)
APN
34L-020-06-058-00
UPID
US05-0279500
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Walsam Leasing Co LLC · 7 yrs held
Walsam Leasing Co LLC
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,833
Tax year 2024
Assessed value
$269,036
Assessed 2024
Previous assessed
$269,036
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$83,634
Assessed improvement
$185,402
Land market value
$418,170
Improvement market value
$927,010
Total market value
$1,345,180
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,220 SF
Lot
0.32 ac (13,939 SF)
APN
34L-020-06-058-00
UPID
US05-0279500
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
2017
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Walsam Leasing Co LLC
Entity
Mailing address
200 VIGNE LN, LITTLE ROCK, AR 72223-4587
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jun 24, 2020
—
Walsam Leasing Co LLC
—
Deed Of Trust
related
$7,593,142 · Bank Of England
Oct 12, 2018
—
Walsam Leasing Co LLC
Ismael,walid
Quit Claim Deed
related
$7,430,832 · Bank Of England
Dec 29, 2017
—
Walsam Leasing Co LLC
Ismael,walid
Quit Claim Deed
related
—
Jun 11, 2015
—
Walid Ismael
—
Grant Deed
related
$1,200,000 · Bank Of England
May 21, 2013
—
Hosam Esmail
Resimont,marion
Quit Claim Deed
related
—
Mar 19, 2013
—
Hosam Esmail
Morrison,denise
Quit Claim Deed
related
—
Dec 3, 2012
$380,000
Walid Ismael
Foster,rommie M & Marilyn
Warranty Deed
—
Jul 3, 2008
—
Coulson Properties
Parsons,bill
Quit Claim Deed
related
—
—
—
Walsam Leasing Co LLC
—
Loan Modification
related
$519,876 · Bank Of England
—
—
Homail INC
—
Deed Of Trust
related
$7,593,141 · Bank Of England
—
—
Walsam Leasing Co LLC
—
Loan Modification
related
$7,593,142 · Bank Of England
—
—
Walid Ismael
—
Deed Of Trust
related
$1,700,000 · Bank Of England
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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