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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Day care centers
8923 Sunset Ln, Little Rock, AR 72209-6526
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0469451
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1974
Total area
23,000 SF
Lot
5.69 ac (247,856 SF)
APN
35L-001-64-003-00
UPID
US05-0469451
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
-
Celebrity Event Center Hotel & Motel Resort
-
Tweety's Lil Academy Daycare Center
-
Promiseland Church Ministries Church
-
Fellowship Christian Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.17M
Owner & transaction history
Fcc Ministry And Community Developm · 1 yrs held
Fcc Ministry And Community Developm
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+80.9%
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
$1,165,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$860,000
Current use
OFFICE BUILDING
$1,555,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.15M (Sep 6 2022)
Last sale anchor
$1.15M
Sep 6 2022
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
$51 / 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
$21,673
Tax year 2024
Assessed value
$309,618
Assessed 2024
Previous assessed
$309,618
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$15,367
Assessed improvement
$294,251
Land market value
$76,835
Improvement market value
$1,471,255
Total market value
$1,548,090
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1974
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Total area
23,000 SF
Lot
5.69 ac (247,856 SF)
APN
35L-001-64-003-00
UPID
US05-0469451
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$860,000
OFFICE BUILDING
Est. value
$1.6M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
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
1974
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
5.69 ac
Current owner
From public records · entity-resolved
Fcc Ministry And Community Developm
Individual
Free & Clear · 1 yrs held
Mailing address
156 CTS LN, LITTLE ROCK, AR 72223-9018
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
$7,854
Fcc Ministry And Community Developm
Commissioner Of State Lands
Deed
related
—
Nov 1, 2023
—
Fcc Ministry And Community Developm
—
Deed
related
$26,400 · Simmons Bank
Jun 15, 2023
—
Fcc Ministry And Community Dev INC
—
Deed
related
$83,000 · Simmons Bank
Sep 6, 2022
$1,150,000
Fcc Ministry And Community Dev INC
Kidz Palace Therapy LLC
Warranty Deed
$1,106,830 · Simmons Bank
Dec 3, 2018
$407,247
Kidz Palace Therapy LLC
Exalters Of Christ Ministries
Warranty Deed
$450,000 · Bank Of The Ozarks
Oct 22, 2009
$171,000
Reto INC
National Bk Of Ar
Grant Deed
—
Jun 19, 2009
$485,000
Exalters Of Christ Ministries Int
National Bank Of Arkansas
Grant Deed
$412,250 · Summit Bank
Jun 18, 2009
—
Exalters Of Christ Ministries Int
—
Trustees Deed
related
$25,000 · Summit Bank
—
—
Promiseland Ministries INC
—
Deed Of Trust
related
$370,000 · Arvest Bank
—
—
Promiseland Ministries INC
—
Deed Of Trust
related
$889,971 · National Bank Of Arkansas
—
—
Exalters Of Christ Ministries Int
—
Loan Modification
related
$22,000 · Summit Bank
—
—
Exalters Of Christ Ministries Int
—
Deed Of Trust
related
$362,710 · Bank Of The Ozarks
—
—
Exalters Of Christ Ministries Int
—
Loan Modification
related
—
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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