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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Medical Office Space
5320 12th St, Little Rock, AR 72204-1859
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0305691
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Total area
7,125 SF
Lot
0.96 ac (41,818 SF)
APN
34L-115-01-001-00
UPID
US05-0305691
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
-
Johnson Carl L MD Physician
-
Fresenius Kidney Care East Little Rock Medical Clinic
-
Fresenius Kidney Care Dialysis Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
Smbc Leasing And Finance INC · 3 yrs held
Smbc Leasing And Finance INC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+178.8%
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
$3,085,000
ML approach
$2,975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,260,000
Change: +179% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10% · vs last sale $3.05M (Aug 22 2022)
Last sale anchor
$3.05M
Aug 22 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
$427 / 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
$16,730
Tax year 2024
Assessed value
$239,000
Assessed 2024
Previous assessed
$239,000
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$84,006
Assessed improvement
$154,994
Land market value
$420,030
Improvement market value
$774,970
Total market value
$1,195,000
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
1976
Heating
NONE
Cooling
NONE
Stories
1
Total area
7,125 SF
Lot
0.96 ac (41,818 SF)
APN
34L-115-01-001-00
UPID
US05-0305691
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
RESTAURANT
Est. value
$3.3M
RESTAURANT
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
1976
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Mailing address
277 PARK AVE, NEW YORK, NY 10172-0003
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2022
—
Smbc Leasing And Finance INC
National Medical Care INC
Lease
—
Aug 22, 2022
$3,047,805
Smbc Leasing And Finance INC
Womob Fresenius Little Rock LLC
Special Warranty Deed
—
Apr 1, 2021
$2,300,000
Womob Fresenius Little Rock LLC
Oreof19 Br LLC
Special Warranty Deed
$74,460,000 · Capital One National Association
Oct 7, 2020
—
Oreof19 Br LLC
—
Deed
related
$100,000,000 · Cibc Bk USA
Sep 10, 2020
$1,200,000
Oreof19 Br LLC
Richport Net Lease LLC
Special Warranty Deed
$80,000,000 · Cibc Bank USA
Feb 19, 2016
$1,757,689
Blueroad Net Lease LLC
Brauvin Net Lease LLC
Warranty Deed
—
Oct 6, 2011
—
Carl L Johnson
Johnson,peggy J
Quit Claim Deed
related
—
Sep 30, 2011
$695,000
Southeast Medical Little Rock
Fair Park Medical Clinic PLLC
Grant Deed
$1,160,000 · Renasant Bank
Dec 19, 2007
—
Carl L Johnson
Johnson,peggy J
Quit Claim Deed
—
—
—
Carl L Johnson
—
Deed Of Trust
related
$752,676 · Metropolitan National Bank
—
—
Carl L Johnson
—
Deed Of Trust
related
—
—
—
Carl L Johnson
—
Deed Of Trust
related
$167,151 · Metropolitan National Bank
—
—
Carl L Johnson
—
Deed Of Trust
related
—
—
—
Oreof19 Br LLC
—
Loan Modification
related
$100,000,000 · Cibc Bk USA
—
—
Carl L Johnson
—
Deed Of Trust
related
—
—
—
Carl L Johnson
—
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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