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Property profile & analytics
OFF-MARKET
Estimated value
$2,120,000
Strip malls
9816 Rodney Parham Rd, Little Rock, AR 72227-5643
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-0408577
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Total area
13,168 SF
Lot
1.33 ac (57,935 SF)
APN
43L-147-00-008-00
UPID
US05-0408577
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
-
Danwerke Jewelers (Bike/Boat/Book/etc) Store
-
A Fitting Image (Bike/Boat/Book/etc) Store
-
Savannah African Market African Goods Store
-
Jesse's Hair System Hair Salon Nail Salon
-
Paris Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$2.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
Momi Holdings LLC · 1 yrs held
Momi Holdings LLC
since 2025
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+42.6%
Medical building
$2.2M
+25.8%
Retail stores
$2.0M
+16.9%
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
$1,825,000
ML approach
$1,845,000
CAP Approach
CAP Return
Estimation
6%
$2,635,000
6.5%
$2,435,000
7%
$2,260,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,720,000
Current use
COMMERCIAL (GENERAL)
$2,455,000
Change: +43% · Conversion: Easy
MEDICAL BUILDING
$2,165,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$2,010,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,510,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$1,460,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±10% · vs last sale $2.25M (Jan 14 2025)
Last sale anchor
$2.25M
Jan 14 2025
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
$161 / 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
$11,470
Tax year 2024
Assessed value
$163,860
Assessed 2024
Previous assessed
$163,860
+0.0% YoY
Effective rate
7.00%
On assessed value
Assessed land
$126,793
Assessed improvement
$37,067
Land market value
$633,965
Improvement market value
$185,335
Total market value
$819,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1973
Heating
NONE
Cooling
NONE
Stories
1
Total area
13,168 SF
Lot
1.33 ac (57,935 SF)
APN
43L-147-00-008-00
UPID
US05-0408577
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1973
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Momi Holdings LLC
Entity
Mailing address
810 N UNIVERSITY AVE, LITTLE ROCK, AR 72205-2920
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$2,250,000
Momi Holdings LLC
Treasure Hill LLC
Warranty Deed
$1,250,000 · Armor Bank
Jan 8, 2015
—
Treasure Hill LLC
Lps Properties LLC
Grant Deed
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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