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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
8625 Markham St, Little Rock, AR 72205
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US05-0278093
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
7,150 SF
Lot
0.75 ac (32,670 SF)
APN
44L-017-01-001-00
UPID
US05-0278093
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
-
Dana L. Johnson, RRT Spa & Massage Center Alternative Medicine Practice
-
Pearl A. Hamilton, Otrl Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$690k
Owner & transaction history
Redwood Estates LLC · 8 yrs held
Redwood Estates LLC
since 2017
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,090,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: -14% · Conversion: Moderate
OFFICE BUILDING
$880,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$97 / 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
$10,135
Tax year 2024
Assessed value
$144,780
Assessed 2024
Previous assessed
$144,780
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$71,419
Assessed improvement
$73,361
Land market value
$357,095
Improvement market value
$366,805
Total market value
$723,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
NONE
Stories
1
Total area
7,150 SF
Lot
0.75 ac (32,670 SF)
APN
44L-017-01-001-00
UPID
US05-0278093
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
RETAIL STORES Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2017
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Redwood Estates LLC
Entity
Mailing address
PO BOX 9167, SPRINGFIELD, MO 65801-9167
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2017
—
Redwood Estates LLC
—
Deed
related
$1,079,000 · Us Bk
Aug 10, 2017
—
Redwood Estates LLC
Simoncre Carp Viii LLC
Special Warranty Deed
$1,079,000 · Us Bank NA
Jan 18, 2017
$600,000
Simoncre Carp Viii LLC
Kay Stobaugh Opha
Special Warranty Deed
$1,301,028 · Crossfirst Bank
Oct 17, 2011
—
Opha K Stobaugh
Mcpherson Opha Living Trust
Warranty Deed
related
—
Dec 10, 2009
—
Mcpherson Opha Living Trust
Mcpherson,opha
Quit Claim Deed
related
—
—
—
Opha K Stobaugh
—
Loan Modification
related
$179,020 · Regions Bank
—
—
Mcpherson,opha Trust
—
Deed Of Trust
related
$179,020 · Regions Bank
—
—
Redwood Estates LLC
—
Loan Modification
related
$1,079,000 · Us Bk
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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