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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
100 Locust St, Rogers, AR 72756-6640
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US05-0238342
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
2,400 SF
Lot
0.33 ac (14,375 SF)
APN
02-00225-000
UPID
US05-0238342
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
-
Rejuve Alternative Medicine Practice Spa & Massage Center
-
Bryant & Co Appraisers Real Estate Agency
-
InTouch Health NWA Alternative Medicine Practice
-
Willis Group Contractors General Contractor
-
Fortune Insurance AR Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$339k
Blend (final)
Blend
$515k
Owner & transaction history
Myron Thomas Morter · 3 yrs held
Myron Thomas Morter
since 2023
Last sale
$525,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+138.9%
Medical building
$655,000
+95.1%
Auto repair, garage
$480,000
+43.1%
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 Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers 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
$675,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$335,000
Current use
COMMERCIAL (GENERAL)
$805,000
Change: +139% · Conversion: Easy
MEDICAL BUILDING
$655,000
Change: +95% · Conversion: Easy
AUTO REPAIR, GARAGE
$480,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$430,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$365,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $525k (Jun 15 2023)
Last sale anchor
$525k
Jun 15 2023
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
$215 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,951
Tax year 2023
Assessed value
$38,190
Assessed 2023
Previous assessed
$38,190
+0.0% YoY
Effective rate
5.11%
On assessed value
Assessed land
$10,410
Assessed improvement
$27,780
Land market value
$52,050
Improvement market value
$138,900
Total market value
$190,950
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,400 SF
Lot
0.33 ac (14,375 SF)
APN
02-00225-000
UPID
US05-0238342
Jurisdiction
BENTON
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
OFFICE BUILDING Current
Est. value
$335,000
COMMERCIAL (GENERAL)
Est. value
$805,000
MEDICAL BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$430,000
RETAIL STORES
Est. value
$365,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Myron Thomas Morter
Individual
Mailing address
205 WOODMORE LN, ROGERS, AR 72756-3058
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
$525,000
Myron Thomas Morter
Jim L Byrant
Warranty Deed
$420,000 · Arvest Bank
Mar 31, 2022
—
401 North 1st Street Rogers LLC
—
Deed
related
$1,345,500 · Encore Bank NA
Jun 1, 2009
—
Bryant Jim L Trust
—
Trustees Deed
related
$13,000 · Arvest Bank
—
—
Bryant Jim L Trust
—
Deed Of Trust
related
$26,063 · Arvest Bank
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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