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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Medical Office Space
101 37th St Rogers, AR 72756-0301
Entity Owned
Free & Clear
Property ID
US05-0220700
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
7,010 SF
Lot
0.81 ac (35,284 SF)
APN
02-06999-000
UPID
US05-0220700
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
-
Dr. Robert B. Benafield, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.50M
Owner & transaction history
37th Street LLC
37th Street LLC
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+28.8%
Commercial (general)
$2.3M
+22.4%
Apartment house (5+ units)
$2.3M
+22.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,415,000
6.5%
$1,305,000
7%
$1,210,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,915,000
Current use
RESTAURANT
$2,470,000
Change: +29% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,345,000
Change: +22% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,340,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.80M (May 25 2025)
Last sale anchor
$1.80M
May 25 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
$214 / 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
$12,242
Tax year 2023
Assessed value
$231,420
Assessed 2023
Previous assessed
$231,420
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$68,430
Assessed improvement
$162,990
Land market value
$342,150
Improvement market value
$814,950
Total market value
$1,157,100
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
Off-Market
Year built
2011
Heating
NONE
Cooling
NONE
Stories
1
Total area
7,010 SF
Lot
0.81 ac (35,284 SF)
APN
02-06999-000
UPID
US05-0220700
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
MEDICAL BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2011
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
37th Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11149 COBBLESTONE, BENTONVILLE, AR 72712-7379
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2025
—
37th Street LLC
Jason H Pleimann
Quitclaim Deed
related
—
Aug 25, 2025
$1,800,000
Pisias Properties LLC
37th Street LLC
Warranty Deed
$1,440,000 · Generations Bank
Jun 3, 2021
—
37th Street LLC
—
Deed
related
$3,358,529 · The Citizens Bank
Oct 17, 2016
—
37th Street LLC
Renalsouth Of Rogers LLC
Warranty Deed
related
—
Sep 1, 2016
—
Renalsouth Of Rogers LLC
—
Deed
related
$1,081,800 · Arvest Mtg
Jul 15, 2010
—
Renalsouth Of Rogers LLC
Doss,hubert & Kaye M
Warranty Deed
$843,350 · Arvest Bank
Dec 30, 2009
$325,000
Hubert Doss
Orthopaedic Neurological Clini
Warranty Deed
—
—
—
Renalsouth Of Rogers LLC
—
Deed Of Trust
related
$1,081,800 · Arvest Mtg
—
—
Renalsouth Of Rogers LLC
—
Deed Of Trust
related
$879,348 · Arvest Bank
—
—
Orthopaedic Ozark
—
Deed Of Trust
related
$2,802,450 · Arvest Bank
—
—
Renalsouth Of Rogers LLC
—
Deed Of Trust
related
$564,000 · Six Bridges Capital Corp
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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