New search
Property profile & analytics
FOR LEASE
Medical Office Space
9101 Kanis Rd, Little Rock, AR 72205
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-2418360
$9,885,000
9101 Kanis Rd, Little Rock, AR 72205
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
49,333 SF
Lot
2.69 ac (117,176 SF)
APN
44L-082-04-000-01
UPID
US05-2418360
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
-
Columbus Brown Physician
-
Kaitlyn Griffin, APRN Medical Clinic
-
Covey M Carl MD Physician
-
Sandee Sealy Physician
-
Oasis of Hope Drug Health Centers Little Rock Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.13M
CAP Approach
CAP
$7.24M
Comparable Approach
Comparable
$11.33M
Blend (final)
Blend
$9.89M
Owner & transaction history
9101 Little Rock Stolley LLC · 4 yrs held
9101 Little Rock Stolley LLC
since 2022
Last sale
$10.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.2M
+13.4%
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
$10,215,000
ML approach
$9,125,000
CAP Approach
CAP Return
Estimation
6%
$7,840,000
6.5%
$7,240,000
7%
$6,720,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,100,000
Current use
COMMERCIAL (GENERAL)
$9,190,000
Change: +13% · Conversion: Easy
RETAIL STORES
$7,535,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$9.89M
Range $8.90M – $10.87M · ±10% · vs last sale $10.10M (Jan 18 2022)
Last sale anchor
$10.10M
Jan 18 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
$200 / 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
$134,527
Tax year 2024
Assessed value
$1,921,816
Assessed 2024
Previous assessed
$1,921,816
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$115,917
Assessed improvement
$1,805,899
Land market value
$579,585
Improvement market value
$9,029,495
Total market value
$9,609,080
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2002
Heating
NONE
Cooling
NONE
Stories
4
Total area
49,333 SF
Lot
2.69 ac (117,176 SF)
APN
44L-082-04-000-01
UPID
US05-2418360
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
MEDICAL BUILDING Current
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$9.2M
RETAIL STORES
Est. value
$7.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2002
Heating
NONE
Cooling
Yes
Stories
4
Lot
2.69 ac
Current owner
From public records · entity-resolved
9101 Little Rock Stolley LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2022
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
Jan 18, 2022
$10,100,000
9101 Little Rock Stolley LLC
Kanis Medical LLC
Warranty Deed
$216,135,714 · Capital One Bank NA
Nov 2, 2017
$7,500,000
Kanis Medical LLC
Arkansas Neuro Spine Center LLC
Warranty Deed
$6,000,000 · The Malvern National Bank
Jun 17, 2008
—
Hcb
Ldg 1031 Holdings LLC
Grant Deed
related
—
Oct 30, 2006
—
Arkansas Neuro-spine Center Ll
—
Trustees Deed
related
$450,000 · Pulaski Bank
—
—
Arkansas Neuro-spine Center Ll
—
Deed Of Trust
related
$6,800,000 · Pulaski Bank
—
—
Arkansas Neuro-spine Center Ll
—
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.