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Property profile & analytics
FOR LEASE
Office buildings
8315 Cantrell Rd Little Rock, AR 72227
Entity Owned
9-yr Hold
Free & Clear
Property ID
US05-0324228
For Lease
1 / 16
$19.50 SF/Yr
8315 Cantrell Rd, Little Rock, AR 72227
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
58,770 SF
Lot
3.17 ac (138,085 SF)
APN
43L-063-00-014-00
UPID
US05-0324228
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
-
Doctors MedSpa Spa & Massage Center Alternative Medicine Practice
-
Gateway Mortgage Loan Service Bank
-
Legacy Capital Group Consultant
-
Trent Capital Management Financial Advisor
-
The Stanley Havner Law Firm Law Firm Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.19M
Comparable Approach
Comparable
$6.69M
Blend (final)
Blend
$780k
Owner & transaction history
Two LLC · 9 yrs held
Two LLC
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.9M
+68.0%
Medical building
$9.7M
+48.1%
Retail stores
$9.0M
+37.7%
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%
$9,950,000
6.5%
$9,185,000
7%
$8,525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,515,000
Current use
COMMERCIAL (GENERAL)
$10,945,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$9,650,000
Change: +48% · Conversion: Easy
RETAIL STORES
$8,975,000
Change: +38% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,675,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,730,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$13 / 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
$91,921
Tax year 2024
Assessed value
$1,313,160
Assessed 2024
Previous assessed
$1,313,160
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$497,585
Assessed improvement
$815,575
Land market value
$2,487,925
Improvement market value
$4,077,875
Total market value
$6,565,800
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 Lease
Year built
1999
Heating
NONE
Cooling
NONE
Stories
3
Total area
58,770 SF
Lot
3.17 ac (138,085 SF)
APN
43L-063-00-014-00
UPID
US05-0324228
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
$6.5M
COMMERCIAL (GENERAL)
Est. value
$10.9M
MEDICAL BUILDING
Est. value
$9.7M
RETAIL STORES
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$6.7M
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
1999
Heating
NONE
Cooling
Yes
Stories
3
Lot
3.17 ac
Current owner
From public records · entity-resolved
Two LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 990, LITTLE ROCK, AR 72203-0990
Ownership since
2017
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
Aug 27, 2019
—
Two LLC
—
Deed
related
$4,850,000 · Miscellaneous Ins Co
Aug 11, 2017
$9,850,000
Two LLC
Pavilion Centre LLC
Trustees Deed
—
—
—
Two LLC
—
Deed Of Trust
related
$4,850,000 · Miscellaneous Ins Co
—
—
Pavilion Centre LLC
—
Deed Of Trust
related
$4,400,000 · Bancorp South Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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