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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Grocery and convenience stores
6421 University Ave Little Rock, AR 72209-2141
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0291729
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1995
Total area
1,176 SF
Lot
1.15 ac (50,094 SF)
APN
44L-165-05-002-00
UPID
US05-0291729
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
-
Big Red Convenience Store Grocery & Convenience Store
-
Valero Gas Station
-
I~INSPIRE BOUTIQUE Clothing & Fashion Store
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$820k
Blend (final)
Blend
$650k
Owner & transaction history
Circle K Stores INC · 3 yrs held
Circle K Stores INC
since 2023
Last sale
$620,544
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
$660,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $621k (Apr 18 2023)
Last sale anchor
$621k
Apr 18 2023
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
$553 / 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
$8,979
Tax year 2024
Assessed value
$128,272
Assessed 2024
Previous assessed
$128,272
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$39,974
Assessed improvement
$88,298
Land market value
$199,870
Improvement market value
$441,490
Total market value
$641,360
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1995
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,176 SF
Lot
1.15 ac (50,094 SF)
APN
44L-165-05-002-00
UPID
US05-0291729
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
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Free & Clear · 3 yrs held
Mailing address
19500 BULVERDE RD STE #100, SAN ANTONIO, TX 78259-3768
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
$620,544
Circle K Stores INC
Summerwood Partners LLC
Warranty Deed
—
Mar 22, 2012
—
Summerwood Partners LLC
—
Trustees Deed
related
$200,000 · Bank Of The Ozarks
Jan 23, 2008
$350,000
Summerwood Partners LLC
Mid Ark Investors LLC
Warranty Deed
$619,066 · First Arkansas Bank & Trust
—
—
Summerwood Partners LLC
—
Loan Modification
related
—
—
—
Mid-arkansas Investors Ptshp
—
Deed Of Trust
related
$386,394 · First Team Bank
—
—
Summerwood Partners LLC
—
Deed Of Trust
related
$386,394 · First Team Bank
—
—
Summerwood Partners LLC
—
Loan Modification
related
$600,000 · Bank Of The Ozarks
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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