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Property profile & analytics
FOR SALE
Office buildings
700 E 9Th St, Little Rock, AR 72202
Individually Owned
2-yr Hold
Free & Clear
Property ID
US05-0269916
For Sale
1 / 3
$72,500
700 E 9Th St, Little Rock, AR 72202
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Total area
167,936 SF
Lot
2.45 ac (106,722 SF)
APN
34L-022-02-000-00
UPID
US05-0269916
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
-
Quapaw Tower Condominium Complex
-
Quapaw Cutters Hair Salon Nail Salon
-
Spina Bifida Association of Arkansas Association Or Organization
-
Jason Burnett Music Music Venue Theater & Performing Art Venue
-
Thurman John B Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.24M
Comparable Approach
Comparable
$22.24M
Blend (final)
Blend
$24.79M
Owner & transaction history
Judith N Hart · 2 yrs held
Judith N Hart
since 2023
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$31.3M
+86.8%
Medical building
$27.6M
+64.7%
Retail stores
$25.6M
+53.1%
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%
$28,425,000
6.5%
$26,240,000
7%
$24,365,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,750,000
Current use
COMMERCIAL (GENERAL)
$31,280,000
Change: +87% · Conversion: Easy
MEDICAL BUILDING
$27,580,000
Change: +65% · Conversion: Easy
RETAIL STORES
$25,645,000
Change: +53% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$21,930,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,230,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$24.79M
Range $22.31M – $27.27M · ±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
$148 / 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
$43,359
Tax year 2024
Assessed value
$4,323,052
Assessed 2024
Previous assessed
$4,323,052
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$319,965
Assessed improvement
$4,003,087
Land market value
$1,599,825
Improvement market value
$20,015,435
Total market value
$21,615,260
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1963
Heating
NONE
Cooling
NONE
Stories
13
Total area
167,936 SF
Lot
2.45 ac (106,722 SF)
APN
34L-022-02-000-00
UPID
US05-0269916
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
OFFICE BUILDING Current
Est. value
$16.8M
COMMERCIAL (GENERAL)
Est. value
$31.3M
MEDICAL BUILDING
Est. value
$27.6M
RETAIL STORES
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.9M
AUTO REPAIR, GARAGE
Est. value
$19.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1963
Heating
NONE
Cooling
Yes
Stories
13
Lot
2.45 ac
Current owner
From public records · entity-resolved
Judith N Hart
Individual
Free & Clear · 2 yrs held
Mailing address
700 E 9TH ST, LITTLE ROCK, AR 72202-3978
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Sisson Enterprises Ltd
—
Deed
related
$159,751 · Bank Of Little Rock
Aug 4, 2023
$28,000
Judith N Hart
Debra H Flowers
Warranty Deed
—
Mar 12, 2020
$25,000
Carroll D Sisson
William H Eldridge
Warranty Deed
—
Dec 23, 2019
$25,000
Real Estate Commercial I INC
Gordon Commissioner / Pulaski County|sullivan
Trust Deed
related
—
Jun 15, 2017
—
Crazy Horse Properties LLC
—
Deed
related
$63,000 · First Ar Bk&tr
—
—
Crazy Horse Properties LLC
—
Deed Of Trust
related
$63,000 · First Ar Bk&tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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