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Property profile & analytics
OFF-MARKET
Turn key restaurants
515 Main St, N Little Rock, AR 72114-5329
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US05-0267652
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1944
Total area
3,149 SF
Lot
0.09 ac (3,920 SF)
APN
33N-274-00-057-00
UPID
US05-0267652
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
-
Biohazard Service Pro Social Service Agency Crisis Center
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
Rainwater Holt · 13 yrs held
Rainwater Holt
since 2012
5 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 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
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
$5,053
Tax year 2024
Assessed value
$85,544
Assessed 2024
Previous assessed
$85,544
+0.0% YoY
Effective rate
5.91%
On assessed value
Assessed land
$15,927
Assessed improvement
$69,617
Land market value
$79,635
Improvement market value
$348,085
Total market value
$427,720
Applied tax rate
4.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1944
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,149 SF
Lot
0.09 ac (3,920 SF)
APN
33N-274-00-057-00
UPID
US05-0267652
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
1944
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Rainwater Holt
Individual
Mailing address
PO BOX 17250, LITTLE ROCK, AR 72222-7250
Ownership since
2012
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
Dec 18, 2020
—
Rainwater Holt & Sexton Prop L
—
Deed
related
$417,426 · First Sec Bk
Dec 31, 2012
$200,000
Rainwater Holt
Norman K Marvin & D J Trust
Warranty Deed
$377,033 · First Sec Bk Little Rock Banki
—
—
Rainwater Holt
—
Deed Of Trust
related
$417,426 · First Security Bank
—
—
Rainwater Holt & Sexton Props
—
Loan Modification
related
$417,426 · First Sec Bk
—
—
Rainwater Holt & Sexton Prop L
—
Loan Modification
related
$417,426 · First Sec Bk
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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