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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
1150 Eldridge Rd Forrest City, AR 72335-9210
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0568815
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
35,500 SF
Lot
5 ac (217,800 SF)
APN
0800-00124-0001
UPID
US05-0568815
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
-
Forrest City Warehousing Warehouse & Storage
-
PitchFord AG Services Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
William K Lytle · 8 yrs held
William K Lytle
since 2018
Last sale
$600,000
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 Forrest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forrest City 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
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $600k (May 14 2024)
Last sale anchor
$600k
May 14 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
$16 / 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
$6,806
Tax year 2024
Assessed value
$158,680
Assessed 2024
Previous assessed
$158,680
+0.0% YoY
Effective rate
4.29%
On assessed value
Assessed land
$10,000
Assessed improvement
$148,680
Land market value
$50,000
Improvement market value
$743,400
Total market value
$793,400
Applied tax rate
7.0000
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
35,500 SF
Lot
5 ac (217,800 SF)
APN
0800-00124-0001
UPID
US05-0568815
Jurisdiction
ST FRANCIS
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
1
Lot
5 ac
Current owner
From public records · entity-resolved
William K Lytle
Individual
Free & Clear · 8 yrs held
Mailing address
361 SFC 406TH CV, FORREST CITY, AR 72335-7695
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
—
Doug Pitchford
—
Deed
related
$600,000 · Glen Eaton Farms And Appraisal LLC
Mar 19, 2020
—
Glen Eaton Farms & Appraisals LLC
—
Deed
related
$502,265 · Unico Bank
Jun 24, 2019
—
Wilkison LLC
—
Deed
related
$500,000 · Unico Bank
Jun 29, 2018
$19,044
William K Lytle
John Thurston
Redemption Deed
related
—
Mar 17, 2014
$18,642
William K Lytle
Commissioner Of State Lands
Redemption Deed
related
—
Sep 27, 2010
$12,654
William K Lytle
Commissioiner Of State Lands
Redemption Deed
related
—
Feb 8, 2007
$375,000
William K Lytle
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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