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Property profile & analytics
OFF-MARKET
Flex space
111 Randall Wobbe Ln Springdale, AR 72764-1801
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US05-0856125
Property summary
AI-generated overview
Located in the industrial area of Springdale, this 2.190-acre lot offers a development opportunity for flex space and warehousing. Zoned I-1 (industrial), the property has plans for 16 flex spaces. Fully engineered civil and architectural drawings have been approved through the City of Springdale. All utilities are available at the street. The planned development maximizes space with approximately 24,470 sq ft across two buildings, each having its own frontage. The south end of the west building allows for a curved drive with this proposal. The property is located in an Opportunity Zone.
Property profile
Verified
Property type
Flex space
Use group
VACANT COMMERCIAL LAND
Lot
2.19 ac (95,396 SF)
APN
815-29647-000
UPID
US05-0856125
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jorge Montes De Oca · 4 yrs held
Jorge Montes De Oca
since 2022
Last sale
$400,000
2 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 Springdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springdale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,342
Tax year 2024
Assessed value
$25,950
Assessed 2024
Previous assessed
$25,950
+0.0% YoY
Effective rate
5.17%
On assessed value
Assessed land
$25,950
Land market value
$129,750
Total market value
$129,750
Applied tax rate
501.0000
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
Flex space
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
2.19 ac (95,396 SF)
APN
815-29647-000
UPID
US05-0856125
Jurisdiction
WASHINGTON
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
Lot
2.19 ac
Current owner
From public records · entity-resolved
Jorge Montes De Oca
Individual
Mailing address
PO BOX 147, ROGERS, AR 72757-0147
Ownership since
2022
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
Apr 29, 2022
$400,000
Jorge Montes De Oca
Gipson Crane Service INC
Warranty Deed
$340,000 · Signature Bank Of Arkansas
Dec 31, 2012
—
Jay Gipson Crane Service INC
James W Gipson
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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