Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9101 Markham St Little Rock, AR 72205-2215

    • Drive through restaurants
    • 2,139 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-2106396
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ronald Davis - GEICO Insurance Agent / Insurance Agency
    • Ross Dress for Less / Clothing Store / Department Store
    • Beautify / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • City Gear / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Braswell & Son Little Rock / Discount Store / (Bike/Boat/Book/etc) Store

    Property Details for 9101 Markham St

    Year built
    2018
    Property size
    2,139 SF
    Property type
    Drive through restaurants
    APN
    44L-030-00-007-01
    APU
    44L0300000701

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3755
    Latitude
    34.7532
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,791
    $0.00
    $182,730
    $182,730
    -
    $0.00
    $913,650
    $913,650

    Comparable in this City

    • Value Estimation
      $565,000
      3,813 SF

      2630 Shackleford Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,813 SF
      2630 Shackleford Rd, Little Rock, AR 72205-6916
      View Details
    • Value Estimation by Request
      2,993 SF

      4424 Markham St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,993 SF
      4424 Markham St, Little Rock, AR 72205-4026
      View Details
    • Value Estimation by Request
      2,090 SF

      1200 John Barrow Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,090 SF
      1200 John Barrow Rd, Little Rock, AR 72205-6500
      View Details
    • Value Estimation by Request
      3,492 SF

      4001 Markham St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,492 SF
      4001 Markham St, Little Rock, AR 72205
      View Details
    • Value Estimation by Request
      2,812 SF

      4920 Markham St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,812 SF
      4920 Markham St, Little Rock, AR 72205-3732
      View Details
    • Value Estimation by Request
      2,997 SF

      2704 Shackleford Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,997 SF
      2704 Shackleford Rd, Little Rock, AR 72205-6918
      View Details

    Similar Nearby for Sale

    • $1,800,000
      6,353 SF

      Brandy Station: Hillcrest Retail Gem

      Historic Hillcrest restaurant & storefront, 100% occupied.
      2715 Kavanaugh Blvd, Little Rock, AR 72205
      View Details
    • Contact for pricing

      Retail Outparcel Near Shackleford Mall

      Retail property near shopping mall and Walmart with strong demographics.
      2630 S Shackleford Rd, Little Rock, AR 72205
      View Details
    • $990,000
      7,644 SF

      Free-Standing Building on University Avenue

      7,644 SF building suitable for commercial, office, or showroom.
      825 N University Ave, Little Rock, AR 72205
      View Details
    • Contact for pricing
      0.51 Acres

      Residential Lot in Little Rock

      Residential lot suitable for building a rental home.
      E 33Rd St, Little Rock, AR 72205
      View Details
    • $1,900,000
      16,143 SF

      27-Unit Multifamily Investment Opportunity

      27-unit multifamily complex in Little Rock's Midtown area.
      115 N Taylor St St, Little Rock, AR 72205
      View Details
    • $359,900
      3,000 SF

      Charming Fourplex in Little Rock

      Renovated fourplex near downtown and medical center with furnished units.
      312 S Barton St, Little Rock, AR 72205
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Retail Space in Park Plaza

      Prime retail space in Little Rock's Park Plaza Mall.
      6000 W Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      500,000 SF

      Midtown Medical Office Space

      500,000 SF Mixed-Use Development
      0 University Ave, Little Rock, AR 72205
      View Details
    • $14 SF/Yr
      3,156 SF

      Little Rock Executive Office Space

      Prime Little Rock Office, 3,156 sq ft
      6115 Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space For Lease

      Retail space available for lease in Little Rock, Arkansas.
      2614 S Shackleford Rd, Little Rock, AR 72205
      View Details
    • Contact for pricing
      2,423 SF

      Retail Showroom Space For Lease

      Retail space with showroom in west Little Rock.
      9803-9825 W Markham St, Little Rock, AR 72205
      View Details
    • Contact for pricing
      2,484 SF

      Retail Space on Shackleford Road

      Retail space available for lease on Shackleford Road.
      2604 S Shackleford Rd, Little Rock, AR 72205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9101 Markham St
    Little Rock, AR 72205-2215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!