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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Medical Office Space
1019 Cypress St, Rogers, AR 72756-4204
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US05-2391877
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
19,276 SF
Lot
1.84 ac (80,150 SF)
APN
02-01307-000
UPID
US05-2391877
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
-
Michael Shulman Physician Medical Clinic
-
Penny Lane Childcare Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$1.87M
Owner & transaction history
Erna LLC · 19 yrs held
Erna LLC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±10%
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
$97 / 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
$10,558
Tax year 2023
Assessed value
$199,590
Assessed 2023
Previous assessed
$199,590
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$51,210
Assessed improvement
$148,380
Land market value
$256,050
Improvement market value
$741,900
Total market value
$997,950
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
2
Total area
19,276 SF
Lot
1.84 ac (80,150 SF)
APN
02-01307-000
UPID
US05-2391877
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
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.84 ac
Current owner
From public records · entity-resolved
Erna LLC
Entity
Mailing address
2702 S TAYLOR CT, ROGERS, AR 72758-8015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
—
Galleur Properties LLC
—
Deed
related
$45,000 · First National Bank Of Fort Smith
Oct 20, 2025
—
Alexandrea Galleur
—
Deed
related
$24,000 · First National Bank Of Fort Smith
Jun 20, 2024
—
Galleur Properties LLC
—
Deed
related
$15,000 · First National Bank Of Fort Smith
Mar 27, 2024
—
Galleur Properties LLC
—
Deed
related
$50,000 · First National Bank Of Fort Smith
Nov 3, 2023
—
Galleur Properties LLC
—
Deed
related
$10,000 · First National Bank Of Fort Smith
Jan 20, 2023
—
Alexandrea Galleur
—
Deed
related
$50,000 · First National Bank Of Fort Smith
Jan 3, 2022
—
Galleur Properties LLC
—
Deed
related
$50,000 · First National Bank Of Fort Smith
Sep 10, 2021
—
Galleur Properties LLC
—
Deed
related
$100,000 · First National Bank Of Fort Smith
May 20, 2021
—
Galleur Properties LLC
—
Deed
related
$994,500 · First National Bank Of Fort Smith
Feb 21, 2007
—
Erna LLC
Nw Property Holdings LLC
Warranty Deed
$1,432,057 · Parkway Bank Rogers
Aug 11, 2006
$4,087,900
Nw Property Holdings LLC
Htlb LLC
Grant Deed
related
$4,000,000 · Parkway Bank Rogers
—
—
Erna LLC
—
Deed Of Trust
related
$1,404,784 · Parkway Bank Rogers
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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