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    Property profile & analytics

    5401 University Ave Little Rock, AR 72209-1701

    • Warehouses
    • 57,079 SF
    • 3.43 lot acres
    OFF-MARKET
    Value Estimations
    $3,115,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0243933
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arkansas Workforce Center At Little Rock / Business Service Center / Employment Agency
    • Little Rock Workforce Development Board / Social Service Agency
    • Employment Security Department / Employment Agency
    • Department Workforce Services / City Government Office

    Property Details for 5401 University Ave

    Year built
    1973
    Lot size
    3.43 lot acres
    Property size
    57,079 SF
    Property type
    Warehouses
    APN
    44L-160-00-079-00
    APU
    44L1600007900

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,340,000
      6.5%
      $4,010,000
      7%
      $3,720,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,165,000
      Market price range: $1.22M - $2.17M
      AI Estimate
      $3,179,000
      Market price range: $991k - $3.18M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,865,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3445
    Latitude
    34.7004
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $46,815
    $60,060
    $608,730
    $668,790
    -
    $300,300
    $3,043,650
    $3,343,950

    Comparable in this City

    • Value Estimation by Request
      9,625 SF

      8100 Scott Hamilton Dr

      Flex space • 9,625 SF
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      7,500 SF

      4615 61st St

      WAREHOUSE, STORAGE • 7,500 SF
      4615 61st St, Little Rock, AR 72209-2407
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    • Value Estimation by Request
      6,000 SF

      9115 Dailey Dr

      WAREHOUSE, STORAGE • 6,000 SF
      9115 Dailey Dr, Little Rock, AR 72209
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      3,036 SF

      12803 Strauss Dean Op Park

      WAREHOUSE, STORAGE • 3,036 SF
      12803 Strauss Dean Op Park, Little Rock, AR 72209
      View Details
    • Value Estimation by Request
      2,600 SF

      5207 University Ave

      WAREHOUSE, STORAGE • 2,600 SF
      5207 University Ave, Little Rock, AR 72209-1732
      View Details
    • Value Estimation by Request
      2,000 SF

      6400 Geyer Spgs Rd

      WAREHOUSE, STORAGE • 2,000 SF
      6400 Geyer Spgs Rd, Little Rock, AR 72209-2208
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      55,837 SF

      Food Grade Warehouse For Sale

      55,837 SF U.S. Customs bonded warehouse with easy access.
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      Industrial Facility with Outdoor Storage

      8,056 SF facility on 5.22 acres with outdoor storage.
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      6,000 SF Warehouse For Sale

      Warehouse space with flexible layout and convenient Little Rock location.
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    • New
      $949,900
      7,620 SF

      Office/Warehouse Property in Little Rock

      7,620 SF office/warehouse ideal for industrial, service, or distribution.
      7900 Doyle Springs Rd, Little Rock, AR 72209
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      15,850 SF

      Versatile Mixed-Use Commercial Space

      Spacious Little Rock property with offices, warehouse, and interstate frontage.
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      Flex Office/Warehouse Building For Sale

      6,522 SF flex space near Interstate 30.
      8107 Interstate 30, Little Rock, AR 72209
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    Similar Nearby for Lease

    • $6 SF/Yr
      4,000 SF

      Industrial Space with Easy Access

      Industrial property featuring dock-high doors and ample parking.
      8100-8124 Scott Hamilton Dr, Little Rock, AR 72209
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      Revitalized Warehouse & Distribution Facility

      52,500 SF Little Rock warehouse with secure yard.
      4200 Hoerner Rd, Little Rock, AR 72209
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    • $9,200 /Mo
      8,056 SF

      Industrial Property in Southwest Little

      Two buildings totaling 8,056 SF in active industrial corridor.
      5 Production Dr, Little Rock, AR 72209
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    • Contact for pricing

      Office and Warehouse Space Available

      Office and warehouse spaces for lease, convenient location off I-30.
      8100 Scott Hamilton Dr, Little Rock, AR 72209
      View Details
    • Contact for pricing

      Industrial Warehouse Space For Lease

      Industrial warehouse space available for lease in south Little Rock.
      6200 Scott Hamilton Dr, Little Rock, AR 72209
      View Details
    • Contact for pricing
      14,000 SF

      Industrial Warehouse Space Available

      Industrial warehouse with easy highway access and secured truck court.
      8001 Assembly Ct, Little Rock, AR 72209
      View Details
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    5401 University Ave
    Little Rock, AR 72209-1701
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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