Individually Owned 
For Sale
1 / 3
$72,500
700 9Th St, Little Rock, AR 72202
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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
Current use
Occupant on record · Public records
-
Condominium Complex
-
Hair Salon Nail Salon
-
Association Or Organization
-
Music Venue Theater & Performing Art Venue
-
Law Firm
Location
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
since 2023
6 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$31.3M
+86.8%
Medical building
$27.6M
+64.7%
Retail stores
$25.6M
+53.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$24.79M
Value range
$22.31M – $27.27M
±10% around blend
Estimated value / SF
$148 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$22.31M
blend $24.79M
$27.27M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
167,936 SF
Lot area
2.45 ac
Year built
1963
Stories
13
APN
34L-022-02-000-00
Assessed value
$4,323,052
Annual tax
$43,359
3
Income approach: direct capitalization
Partial preview
Income approach indication
$26.24M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$28.43M
@ 6.5% CAP return
$26.24M
@ 7% CAP return
$24.37M
4
Sales comparison
Partial preview
Sales approach indication
$22.24M
Range $8.06M – $22.24M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$24.79M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 24 sales
$100
+48%
Submarket 240 sales
$111
+33%
County 349 sales
$105
+41%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $148/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+87%
vs current-use indication
Medical Building
Retail Stores
Neighborhood: Shopping Center
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.32M
Move the market yield to see immediate price impact.
Value / SF
$26
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$272k
$5.45M
$3.89M
$3.03M
$303k
$6.05M
$4.32M
$3.36M
$333k
$6.66M
$4.76M
$3.70M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Cooling
Yes
Stories
13
Lot
2.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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