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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Automotive properties
5900 University Ave, Little Rock, AR 72209-2152
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0389966
Property summary
AI-generated overview
This fee-simple retail property presents a compelling investment opportunity. Located at 5900 S University Ave, Little Rock, AR 72209, this 4,353 square foot auto shop sits on a 1.45-acre lot. The property is currently leased to America's Car-Mart under an absolute triple-net (NNN) lease, eliminating landlord responsibilities. The lease commenced January 1, 2020, and has a remaining term of approximately 3.1 years, expiring December 31, 2027. The current annual net operating income (NOI) is $66,918, representing a 7.00% cap rate on the asking price of $955,966 ($219.61 per square foot). The lease includes two five-year renewal options, with rental increases of 8% (Option 1) or 5% (Option 2). The property boasts significant outdoor storage space, adding to its value. Built in 1994, this investment benefits from a corporate guarantee from a company with 154+ units, making it a low-risk, recession-resistant opportunity in a competitive car market. The below-market rent provides significant upside potential for future rent increases. This property offers a strong return on investment with a highly replaceable tenant and minimal landlord responsibilities.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1994
Total area
4,365 SF
Lot
1.6 ac (69,696 SF)
APN
44L-165-00-012-00
UPID
US05-0389966
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
-
Car-Mart of Little Rock Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$760k
Owner & transaction history
Cotrust Carm LLC · 5 yrs held
Cotrust Carm LLC
since 2021
Last sale
$731,867
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$715,000
+43.4%
Retail stores
$665,000
+33.3%
Commercial (general)
$570,000
+14.4%
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
$775,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$500,000
Current use
MEDICAL BUILDING
$715,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$665,000
Change: +33% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +14% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $732k (Jan 6 2021)
Last sale anchor
$732k
Jan 6 2021
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
$174 / 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
$8,839
Tax year 2024
Assessed value
$126,277
Assessed 2024
Previous assessed
$126,277
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$41,883
Assessed improvement
$84,394
Land market value
$209,415
Improvement market value
$421,970
Total market value
$631,385
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1994
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,365 SF
Lot
1.6 ac (69,696 SF)
APN
44L-165-00-012-00
UPID
US05-0389966
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
AUTO REPAIR, GARAGE Current
Est. value
$500,000
MEDICAL BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1994
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Cotrust Carm LLC
Entity
Mailing address
200 S BISCAYNE BLVD STE #7, MIAMI, FL 33131-2310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Zpr Properties LLC
—
Deed
related
$509,014 · Arvest Bank
Jan 6, 2021
$731,867
Cotrust Carm LLC
Dynamic Development INC
Special Warranty Deed
$11,200,000 · First Security Bank
Feb 15, 2012
—
Dynamic Dev INC
Dynamic Ents INC
Quit Claim Deed
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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