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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Warehouses
1109 Main St Atkins, AR 72823-4411
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US05-0631656
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
9,923 SF
Lot
0.99 ac (43,124 SF)
APN
727-00226-001C
UPID
US05-0631656
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
-
M C Transport Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$605k
Owner & transaction history
Charles A Horn · 1 yrs held
Charles A Horn
since 2024
Last sale
$5,764
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$970,000
+66.1%
Restaurant
$935,000
+59.6%
Medical building
$885,000
+51.5%
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 Atkins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atkins 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$585,000
Current use
OFFICE BUILDING
$970,000
Change: +66% · Conversion: Difficult
RESTAURANT
$935,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$885,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$725,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $6k (Aug 26 2024)
Last sale anchor
$6k
Aug 26 2024
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
$61 / 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
$1,414
Tax year 2024
Assessed value
$29,530
Assessed 2024
Previous assessed
$29,530
+0.0% YoY
Effective rate
4.79%
On assessed value
Assessed land
$4,310
Assessed improvement
$25,220
Land market value
$21,550
Improvement market value
$126,100
Total market value
$147,650
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,923 SF
Lot
0.99 ac (43,124 SF)
APN
727-00226-001C
UPID
US05-0631656
Jurisdiction
POPE
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
WAREHOUSE, STORAGE Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$970,000
RESTAURANT
Est. value
$935,000
MEDICAL BUILDING
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$725,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
0.99 ac
Current owner
From public records · entity-resolved
Charles A Horn
Individual
Mailing address
PO BOX 261, ATKINS, AR 72823-0261
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
$5,631
Charles A Horn
Commissioner Of State Lands
Redemption Deed
related
—
Apr 30, 2019
$5,764
Charles A Horn
Commissioner Of State Lands State O
Redemption Deed
related
—
Dec 15, 2005
$175,000
Charles A Horn
Not Provided
Warranty Deed
—
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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