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Property profile & analytics
OFF-MARKET
Estimated value
$485,000
Medical Office Space
6020 Rnch Dr Little Rock, AR 72223-4621
Individually Owned
9-yr Hold
Free & Clear
Property ID
US05-0875333
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Total area
17,727 SF
Lot
2.04 ac (88,862 SF)
APN
53L-013-03-002-04
UPID
US05-0875333
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
-
Tax Relief Settlement Attorney - Little Rock Tax Preparation
-
Teresa M. Westfall, RN Registered General Nurse
-
Prolo Little Rock - Brent Sprinkle, D.O., pllc Physician
-
Financial Centre Corporation Real Estate Agency
-
Andrew Webre Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.60M
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$485k
Owner & transaction history
Fcc Tract D Ptshp · 9 yrs held
Fcc Tract D Ptshp
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+13.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,820,000
6.5%
$2,600,000
7%
$2,415,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,910,000
Current use
COMMERCIAL (GENERAL)
$3,300,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$2,845,000
Change: -2% · Conversion: Easy
RETAIL STORES
$2,705,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$485k
Range $437k – $534k · ±10%
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
$27 / 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
$29,036
Tax year 2024
Assessed value
$414,800
Assessed 2024
Previous assessed
$414,800
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$141,155
Assessed improvement
$273,645
Land market value
$705,775
Improvement market value
$1,368,225
Total market value
$2,074,000
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
1996
Heating
NONE
Cooling
NONE
Stories
1
Total area
17,727 SF
Lot
2.04 ac (88,862 SF)
APN
53L-013-03-002-04
UPID
US05-0875333
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
MEDICAL BUILDING Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE 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
1996
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Fcc Tract D Ptshp
Individual
Free & Clear · 9 yrs held
Mailing address
6020 RNCH DR STE C7, LITTLE ROCK, AR 72223-4635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Fcc Tract D Partnership
—
Deed
related
$450,000 · First Security Bank
Sep 19, 2016
$2,700,000
Fcc Tract D Ptshp
Saddle Creek Center LLC
Grant Deed
—
—
—
Saddle Creek Center LLC
—
Deed Of Trust
related
$2,300,000 · First Sec Bk/main Bk
—
—
Saddle Creek Center LLC
—
Loan Modification
related
$2,300,000 · 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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