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Property profile & analytics
OFF-MARKET
Estimated value
$6,940,000
Commercial real estate
524 Main St, Little Rock, AR 72201-3806
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US05-2421662
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Total area
41,534 SF
Lot
0.48 ac (20,909 SF)
APN
34L-020-04-095-00
UPID
US05-2421662
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
-
Handle Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.97M
CAP Approach
CAP
$6.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.94M
Owner & transaction history
Eph 41 Main LLC · 3 yrs held
Eph 41 Main LLC
since 2022
Last sale
$6.9M
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
Method
Estimation
Statistic approach
$6,980,000
ML approach
$6,970,000
CAP Approach
CAP Return
Estimation
6%
$6,875,000
6.5%
$6,350,000
7%
$5,895,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,735,000
Current use
MEDICAL BUILDING
$6,820,000
Change: -12% · Conversion: Easy
RETAIL STORES
$6,340,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$6.94M
Range $6.25M – $7.63M · ±10% · vs last sale $6.90M (Nov 18 2022)
Last sale anchor
$6.90M
Nov 18 2022
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
$167 / 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
$78,365
Tax year 2024
Assessed value
$1,119,500
Assessed 2024
Previous assessed
$1,119,500
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$209,760
Assessed improvement
$909,740
Land market value
$1,048,800
Improvement market value
$4,548,700
Total market value
$5,597,500
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1910
Heating
NONE
Cooling
NONE
Buildings
2
Stories
3
Total area
41,534 SF
Lot
0.48 ac (20,909 SF)
APN
34L-020-04-095-00
UPID
US05-2421662
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
COMMERCIAL (GENERAL) Current
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$6.8M
RETAIL STORES
Est. value
$6.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1910
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Eph 41 Main LLC
Entity
Mailing address
904 FRST ST, DENVER, CO 80220-4449
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Eph 41 Main LLC
—
Deed
related
$4,150,000 · First Western Trust Bank
Nov 18, 2022
$6,900,000
Eph 41 Main LLC
Main Street Lofts South LLC
Special Warranty Deed
$2,885,000 · Solera National Bank
Aug 7, 2020
—
Main Street Lofts South LLC
—
Deed
related
$4,600,000 · Encore Bk
Oct 30, 2018
—
Main Street Lofts South LLC
—
Deed
related
$5,100,000 · Ladder Cap Fin
Jul 24, 2013
—
Main Street Lofts South LLC
Main Street Lofts LLC
Quit Claim Deed
related
$3,182,000 · Riverside Bank
Oct 31, 2012
—
Main Street Lofts LLC
—
Trustees Deed
related
$916,000 · Pulaski Cnty Arkansas Brownfie
Aug 10, 2012
$1,500,000
Main Street Lofts LLC
Lafayette Plaza LLC
Warranty Deed
$929,124 · Riverside Bank
Feb 22, 2005
—
Lafayette Plaza LLC
National Bank Of Arkansas
Quit Claim Deed
related
$750,000 · National Bank Of Arkansas
Feb 22, 2005
$870,000
Lafayette Plaza LLC
National Bank Of Arkansas
Warranty Deed
—
—
—
Main Street Lofts South LLC
—
Deed Of Trust
related
$5,100,000 · Ladder Cap Fin
—
—
Main Street Lofts South LLC
—
Deed Of Trust
related
$4,600,000 · Encore 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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