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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Medical Office Space
7 Ofc Park Dr, Little Rock, AR 72211-3843
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US05-0446095
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
10,193 SF
Lot
1.53 ac (66,647 SF)
APN
44L-069-02-004-00
UPID
US05-0446095
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Clearpointe Properties LLC · 11 yrs held
Clearpointe Properties LLC
since 2014
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,675,000
Current use
RETAIL STORES
$1,555,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$109 / 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
$33,390
Tax year 2024
Assessed value
$477,000
Assessed 2024
Previous assessed
$477,000
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$121,336
Assessed improvement
$355,664
Land market value
$606,680
Improvement market value
$1,778,320
Total market value
$2,385,000
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
1987
Heating
NONE
Cooling
NONE
Stories
2
Total area
10,193 SF
Lot
1.53 ac (66,647 SF)
APN
44L-069-02-004-00
UPID
US05-0446095
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
$1.7M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING Current
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
1987
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.53 ac
Current owner
From public records · entity-resolved
Clearpointe Properties LLC
Entity
Mailing address
7 OFC PARK DR STE #120, LITTLE ROCK, AR 72211-3862
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2018
—
Clearpointe Holdings INC
—
Deed
related
$450,000 · Bankcorpsouth Bk
Oct 25, 2016
—
Clearpointe Holdings INC
—
Deed
related
$750,000 · Bancorpsouth
Oct 7, 2016
—
Clearpointe Holdings INC
—
Deed
related
$3,928,022 · Bancorpsouth
Jul 22, 2014
—
Clearpointe Properties LLC
Clearpointe Holdings INC
Warranty Deed
$2,130,247 · Bancorpsouth Bank
Oct 27, 2011
—
Clearpointe Holdings INC
—
Deed Of Trust
related
$4,500,000 · Bancorp South Bank
Aug 18, 2010
—
Clearpointe Holdings INC
—
Grant Deed
related
$1,030,000 · Bancorpsouth
Dec 3, 2009
—
Clearpointe Holdings INC
Clearpointe INC
Quit Claim Deed
related
$1,880,000 · Bancorpsouth
Aug 7, 2009
—
Clearpointe INC
Cincius LLC
Warranty Deed
related
—
Apr 2, 2009
—
Cincius LLC
—
Trustees Deed
related
$1,398,250 · Bank Of The Ozarks
Apr 24, 2007
$2,400,000
Cincius LLC
Wells,david A & Rose D
Warranty Deed
$2,040,000 · Bank Of The Ozarks
Apr 26, 2005
$1,815,000
Stephen H Wells
Office Park West Ptshp
Warranty Deed
—
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$750,000 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$450,000 · Bancorpsouth
—
—
Clearpointe Holdings INC
—
Deed Of Trust
related
$4,500,000 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$750,000 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Deed Of Trust
related
—
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$4,017,169 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$4,017,169 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Deed Of Trust
related
$615,000 · Bancorp South Bank
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$3,928,022 · Bancorpsouth
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$750,000 · Bancorpsouth
—
—
Clearpointe Holdings INC
—
Loan Modification
related
$450,000 · Bankcorpsouth Bk
—
—
Clearpointe Holdings INC
—
Deed Of Trust
related
$2,000,000 · Bancorp South Bank
—
—
Clearpointe Properties INC
—
Deed Of Trust
related
$1,600,000 · Bancorpsouth
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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